A 62% rally in Coinbase Global Inc. shares this month is shining a spotlight on Wall Street euphoria around the largest US crypto exchange. In the shadow of FTX’s Sam Bankman-Fried fraud conviction and revelations at Binance Holdings Ltd., traders are rushing to snap up shares in Coinbase on hopes that it’ll see an influx of business — especially if ...
tweet: POWELL: US FISCAL POLICY IS UNSUSTAINABLE IN THE LONG RUN tweet: *POWELL: WE GOT A LOT OF PAYBACK THIS YEAR FROM RATE HIKES tweet: Powell: "The economy has repeatedly surprised us and all other forecasters." "The data will tell us whether we've done enough, whether we need to do more." "Let the data reveal the appropriate path. We don't need to be in a rush now." https://t.co/0s9cCieEPm tweet: FED'S POWELL: THERE IS A PATH TO GETTING INFLATION DOWN TO 2% WITHOUT LARGE JOB LOSS, AND WE ARE ON THAT PATH.