18 min listen
BREAKDOWN: Powell Finally Talks Recession
BREAKDOWN: Powell Finally Talks Recession
ratings:
Length:
16 minutes
Released:
Jun 23, 2022
Format:
Podcast episode
Description
In testimony on the Hill, the Fed chairman is grilled about whether interest rate increases are going to cause an economic decline. This episode is sponsored by Nexo.io, NEAR and FTX US. For the past two days, Federal Reserve Chairman Jerome Powell has been testifying on the Hill before both committees in the Senate and House. One of the most pointed discussions has been around the possibility that the Fed’s rapid about-face on interest rates and other market support might have the unintended consequence of dropping the economy into a recession. -Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your assets. On the platform you can also swap 300+ market pairs and borrow against your crypto from 0% APR. Sign up at nexo.io by June 30 and receive up to $150 in BTC.-NEAR is a blockchain for a world reimagined. Through simple, secure, and scalable technology, NEAR empowers millions to invent and explore new experiences. Business, creativity, and community are being reimagined for a more sustainable and inclusive future. Find out more at NEAR.org.-FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today.-“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “Catnip” by Famous Cats and “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: Win McNamee/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jun 23, 2022
Format:
Podcast episode
Titles in the series (100)
Notes On a Swatting by CoinDesk Podcast Network