Fed's Powell heads back to Congress as data shows inflation jump in January
Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a congressional hearing convened shortly after data showed U.S. consumer ...
Jerome Powell Testimony Live: We are not there on inflation
Jerome Powell, Chairman of the United States (US) Federal Reserve (Fed), repeated that they do not need to be in a hurry to ...
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.
Powell says Fed ‘well positioned’ for the ‘risks and uncertainties’ that lie ahead
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...