Powell squashes the possibility that the Fed will develop its own digital currency
Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.
Fed faces thorny decisions as it weighs when to lower interest rates amid Trump's tariffs
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...
Fed Policy Is Better When Politics Aren’t Involved: Powell
Powell emphasized the importance of the central bank remaining independent from elected lawmakers’ wishes. “We’ll make better ...
Fed's Powell says 'I believe' Treasury payments system is safe
Federal Reserve Chair Jerome Powell offered some new assurances Tuesday about payments routed to the central bank from the ...
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...
Powell Weighs in on Bank Failures, Regulation in New Trump Era
Federal Reserve Chair Jerome Powell pushed back against the idea that regulators should have been punished following the ...
Fed releases 2025 bank stress test scenarios
The Federal Reserve announced on Wednesday it would be testing big banks against heightened stress in commercial and ...