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.
The Daily Record (Maryland)1dOpinion
Little to no relief from high borrowing costs expected as Fed Chair Powell comes to DC
The odds of further interest rate cuts this year by the Fed dwindled as Chair Jerome Powell heads to Capitol Hill for two ...
Fed's Powell, quizzed about trade, Musk, and bank safety, says economy is fine
U.S. Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, vouched for the ...
Federal Reserve Chair Gives Update on US Bank Accounts Amid Trump's Orders
Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.
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.