Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.
The Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is “strong overall,” with low unemployment and inflation that remains above the Fed’s 2% target, Fed ...
Very slowly, but quite surely, the narrative around crypto is changing in the US Federal Reserve after years of skepticism.
The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.
A key measure of excess liquidity in the financial system is evaporating rapidly. Once it disappears, further reduction of ...
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.
Federal Reserve Chair Jerome Powell testifies on Capitol Hill for committees that oversee the central bank and the financial ...
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.