Home » Archives by category » Powell, Jerome H
Digital Currency Is a Divided Issue at the Federal Reserve

Digital Currency Is a Divided Issue at the Federal Reserve

Some Fed officials think the central bank needs to get in the digital currency game, while others fret about crowding out the private sector.

Federal Reserve Keeps Rates Unchanged but Cites ‘Progress’ Toward Its Goals

Comments Off on Federal Reserve Keeps Rates Unchanged but Cites ‘Progress’ Toward Its Goals

The central bank held policy steady. But it made the clearest hint yet that it will soon begin to shift from emergency mode.

Continue reading …

Federal Reserve Chair Testifies Before Congress

Comments Off on Federal Reserve Chair Testifies Before Congress

Jerome H. Powell told senators that price gains should fade, but he made it clear that the Fed is watching them carefully.

Continue reading …

Inflation Likely to Remain High in Coming Months, Fed Chair Powell Says

Comments Off on Inflation Likely to Remain High in Coming Months, Fed Chair Powell Says

Price gains are up “notably,” Jerome Powell told House lawmakers. That’s because of several temporary factors.

Continue reading …