15:06 EST Powell says Fed not allow to own bitcoin (BTC), ‘not looking for a law change’
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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:
- U.S. economy performing ‘very, very well,’ Powell says
- Fed’s Powell says getting to 2% inflation may ‘take another year or two’
- Powell says core inflation down to 2.5% in 2025 would be ‘significant progress’
- Powell says looking for inflation progress as Fed thinks about further rate cuts
- Powell says ‘significantly closer to neutral,’ policy still restrictive enough