Fed Chair Powell: Fed will never have a central bank digital currency
Federal Reserve Chair Jerome Powell testifies before The Committee on Banking, Housing, and Urban Affairs on The Semiannual Monetary Policy Report to the Congress.
Fed Chair Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s ...
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Federal Reserve Starts 2025 By Keeping Rates Unchanged
For instance, prices are slightly higher now compared to May 2024. “Inflation is still firmly above the Federal Reserve’s 2% target,” says Clark Bellin, chief investment officer at ...
The Fed Is Sitting on the Sidelines, but for How Long?
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
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 ...
Fed nears QT crossroads as 'excess liquidity' evaporates
A key measure of excess liquidity in the financial system is evaporating rapidly. Once it disappears, further reduction of ...
Inflation hit 7-month high of 3% in January. Here's what it means for Fed rate cuts
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
Steady hiring and a mostly-healthy job market suggest that there is less of an urgent need for the Fed to reduce borrowing ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...