Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.

Federal Reserve Chair Jerome Powell testifies before The Committee on Banking, Housing, and Urban Affairs on The Semiannual Monetary Policy Report to the Congress.

Federal Reserve Chair Jerome Powell told lawmakers today he’s committed to fixing the crypto debanking disaster, while reiterating that he isn’t cutting ...

Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s ...

Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would end the Fed’s independence, though Powell has vowed to serve out his term, ...

“We now think the Fed’s cutting cycle is over. The risks for the next move are skewed toward a hike,” said Aditya Bhave, senior economist at BofA Global Research, one of the first Wall ...

The US Federal Reserve will unveil its first monetary policy decision for 2025 on today, January 29. This will be the US central bank's first policy verdict after Donald Trump took charge as the ...

The Federal Open Market Committee, better known as the Fed's interest-rate committee, began its two-day meeting this morning at 8:30 a.m. as scheduled, a Fed spokesperson said. Economists and ...

WASHINGTON (Reuters) - At their last meeting in December, U.S. Federal Reserve officials were worried about inflation ... reason officials feel comfortable pausing rate cuts at least for now.

WASHINGTON (Reuters) - At their last meeting in December, U.S. Federal Reserve officials were worried ... comfortable pausing rate cuts at least for now.