(Fed) Fed increased the benchmark interest rate by half a percentage point, the largest increase since 2000, the same as the market expected. Following Wednesday's decision, the federal-funds rate of…
(FT) Jerome Powell is expected to serve a second term as the Federal Reserve chair after president Joe Biden’s nomination. Powell’s biggest rival for the Fed top job Lael Brainard…
(CoinDesk) The US Federal Reserve Chair Jerome Powell said on Thursday that there was no intention to ban or limit cryptocurrencies. The Federal chair said that stablecoins were similar to…
(Fed) Fed’s Chair Jerome Powell has reiterated that the uptick in inflation is temporary, reaffirming the central bank’s plan to taper monthly bond purchases later this year. The Fed chair…
(Federalreserve.gov) The Federal Reserve chair Jerome Powell has reaffirmed commitment to monetary goals for maximum employment and price stability. Powell pointed out, in a congressional hearing, that the Covid-19 vaccine…
(Bloomberg) Fed’s Chair Jerome Powell expects the central bank to achieve the 2% inflation target once supply constraints subside. Powell acknowledges the uptick in inflation in recent months, a factor…
Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell clashed over whether the U.S. should maintain emergency lending programs to support the economy. In a letter to Fed on…
Fed Chair Jerome H. Powell and Treasury Secretary Steven Mnuchin optimistic of economic rebound after crisis - joint congressional hearing. Growth facilitated by strong fiscal support, stimulus checks and jobless…