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 Chair Powell says central bank doesn't ‘need to be in a hurry' to lower interest rates further
Powell called the economy “strong overall” with a “solid” labor market and inflation that is easing but still above the Fed’s ...
Federal Reserve’s Jerome Powell Urges Patience on Rate Cuts
Federal Reserve Chair Jerome Powell emphasized that the bank will be patient in adjusting interest rates on Tuesday as ...
Former Federal Reserve adviser indicted and arrested for alleged espionage in dealings with China
Federal authorities have arrested a former Federal Reserve senior adviser for allegedly giving inside economic information to ...
Federal Reserve Releases Its Wall Street Bank Stress-Test Plans
The Federal Reserve released hypothetical scenarios for its annual stress tests, which seek to evaluate the resilience of big banks and ensure they can keep lending even in a severe recession.