BREAKDOWN: Everything You Need to Know About Jerome Powell's Jackson Hole Speech

BREAKDOWN: Everything You Need to Know About Jerome Powell's Jackson Hole Speech

The Federal Reserve Chair announced a slate of new policy approaches, but are they inspired or impotent? This episode is sponsored by Crypto.com, Bitstamp and Nexo.io. Federal Reserve Chair Jerome Powell spoke Thursday at the annual Jackson Hole conference convened by the Kansas City Fed, which was virtual this year due to COVID-19. In the highly anticipated speech, Powell laid out a number of key changes to how the Fed approaches unemployment and inflation. In this recap, NLW looks at how people reacted to the speech. On the one hand, there is disagreement between those who anticipate out of control inflation and those who think the Fed’s track record on achieving even modest inflation is abysmal. On the other, almost everyone seems to think the Fed appears run down, out of tools and increasingly looking to support from Congress. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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Inside the Race to Fix Zcash's Shielded Pool Vulnerability | Markets Outlook

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Japan's Megabanks Plan a Joint Yen Stablecoin | CoinDesk Daily

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SBF Asks Trump for a Presidential Pardon | CoinDesk Daily

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SBF asks for a presidential pardon. Sam Bankman-Fried formally filed a clemency application asking President Trump for a pardon while serving his 25-year sentence. Trump told The New York Times in Ja...

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Blockspace: Datacenter deals, SpaceX IPO, and Saylor didn’t sell

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Markets are ripping as Bitcoin miners pivot to AI infrastructure. We cover AWS rumors, Galaxy Digital's surge, Michael Saylor's latest multi-million Bitcoin buy, the Texas 4CP mining curtailment, and ...

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