Fed Chair Powell Says Central Bank Cannot Take Debt And Deficits Into Account In Setting Rates; Needs To Focus On Inflation; The Fed Is Far From A Situation Of Fiscal Dominance, Uses Its Tools To Achieve Mandate On Inflation And Jobs; Bitcoin Is Used...

Benzinga · 11:14

Fed Chair Powell Says Central Bank Cannot Take Debt And Deficits Into Account In Setting Rates; Needs To Focus On Inflation; The Fed Is Far From A Situation Of Fiscal Dominance, Uses Its Tools To Achieve Mandate On Inflation And Jobs; Bitcoin Is Used As A Speculative Asset; It Is A Competitor With Gold Not The U.S. Dollar; Low And Moderate Income Families In The U.S. Are Under Pressure Even Though Aggregate Numbers Are Strong

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Fed Chair Powell Says Central Bank Cannot Take Debt And Deficits Into Account In Setting Rates; Needs To Focus On Inflation; The Fed Is Far From A Situation Of Fiscal Dominance, Uses Its Tools To Achieve Mandate On Inflation And Jobs; Bitcoin Is Used...

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