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FED Powell Saw Cryptocurrency As Speculative Tool

Mary Liu

Summary: During the "Economic Club of Washington" club held on Wednesday, Fed Chairman Jerome Powell said that they believe that cryptocurrency is a type of speculative tool, the current debt level of the Fed is "very sustainable", and the monetary policy is an important method to alleviate the Covid-19 pandemic. By Mary Liu

During the "Economic Club of Washington" club held on Wednesday, Fed Chairman Jerome Powell said that they believe that cryptocurrency is a type of speculative tool, the current debt level of the Fed is "very sustainable", and the monetary policy is an important method to alleviate the Covid-19 pandemic.

By Mary Liu

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