Fed Chair Powell Says Economy Remains Strong, Bitcoin Is ‘Like Gold’: Expert Weighs In
Posted On December 5, 2024
Federal Reserve Chair Jerome Powell said the U.S. economy remains strong and even commented on Bitcoin (CRYPTO: BTC) at the New York Times DealBook Summit on Wednesday.
The Details: “The U.S. economy is in very good shape right now. It’s in remarkably good shape, we are sort of the envy of other large economies around the world, and I’m going to do everything I can to keep it there during the rest of my term, and I feel very good about where the economy is and where monetary policy is,” Powell said.
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