15:19 EST Fed ‘not against innovation,’ Powell says when asked about banks and crypto
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPY:
- Powell says Fed doesn’t need to be at 2% inflation target to cut rates again
- Powell says household finances ‘in pretty good shape’
- Powell says range of tariff possibilities ‘very, very wide’
- Powell says ‘we seem to be set up’ for further progress on inflation
- Fed working to align policy with executive orders as appropriate, Powell says