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Breaking: Powell Hearing To Include Crypto, US Senator Confirms

source-logo  coingape.com 06 March 2023 17:19, UTC

Powell Hearing Today: US Senator Bill Hagerty said he will discuss cryptocurrencies along with the Fed’s interest rate plans at the hearing on The Semiannual Monetary Policy Report to the Congress. Federal Reserve Chairman Jerome H. Powell is all set to participate in the open session to be held on Tuesday, 7 March, 2023. While the market would be waiting to get the Fed’s view on interest rate hike plan for the rest of the year, Powell’s comments on the crypto market could also come as a key development. The Fed Chair’s comments come at the back of his views from September 2022, when he said there was a need for better regulation of cryptocurrencies.

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