Fed Chair Powell Says Soft Landing Will Be 'Challenging,' Calls for Crypto Regulation

Federal Reserve Chair Jerome Powell told Congress that the U.S. central bank must"go ahead" and keep raising interest rates to get inflation down, even if that means that the economy faces higher unemployment and a potential recession.

“We are not trying to provoke and do not think we will need to provoke a recession, but we do think it’s absolutely essential that we restore price stability, really for the benefit of the labor market, as much as anything else,” he said.in May, a new high that surprised economists, traders and even Fed officials. Powell said the Fed will continue to raise interest rates until it sees a clear sign that inflation is cooling down.

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'A better regulatory framework for crypto'... do I miss something? Where is the worse one? 😂🤷‍♂️🤦‍♂️

Get it done.

its already regulated, what more do they want lol

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Fabricate a cryptocrash and then protect everyone with regulation. What a superhero!

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