Jerome Powell’s Coming Inflation Speech May Weigh on Dollar and Boost Bitcoin: Analysts

Jerome Powell’s Coming Inflation Speech May Weigh on Dollar and Boost Bitcoin: Analysts

Federal Reserve Chairman Jerome Powell (Wikimedia Commons)

U.S. Federal Reserve Chair Jerome Powell is expected to bolster expectations of inflation during his keynote speech at the Jackson Hole Economic Policy Symposium on Thursday.

According to analysts speaking to CoinDesk, that could ultimately lead to further drops in the dollar and greater buying power for traders and investors.

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