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Tomorrow, First. News and intelligence for the agentic economy

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Jerome Powell

  • Bitcoin News

    Bitcoin flirts with US$40K as Fed stamps highest rate hike in 22 years

    Total cryptocurrency market capitalization rose by 5.4% as the U.S. Federal Reserve announced it is raising interest rates by 50 basis points, the sharpest since 2000. See related article: Has Bitcoin become a victim of its own success? Fast facts The increase creates a target range of between 0.75% and 1% following a 25 basis […]

    Lachlan Keller

  • Economic Impacts

    US central bank chief says he will tackle higher inflation

    Federal Reserve Chairman Jerome Powell will reiterate his pledge to prevent entrenched inflation, in testimony released before his Senate nomination hearing on Tuesday.  Fast facts “We will use our tools to support the economy and a strong labor market and to prevent higher inflation from becoming entrenched,” he said in a statement prepared for delivery. […]

    Jeanhee Kim

  • Regulation

    CBDC tracker shows U.S. falling further behind

    Of the Big Four central banks, including those of the EU, UK and Japan, only the Federal Reserve has not progressed beyond research mode in central bank digital currencies.

    Jeanhee Kim

  • Regulation

    What Powell’s ‘No intention to ban’ means for crypto

      Jerome Powell’s remarks on Sept. 30 following his testimony about the financial hardships of the pandemic caught the attention of crypto enthusiasts. Taking questions from the House Committee on Financial Services, Chairman Powell said the Federal Reserve would not seek a ban on crypto but reiterated that stablecoins should be regulated.  Bitcoin jumped by […]

    Forkast.News