A Digital Dollar From the Fed? Not On Jerome Powell's Watch
Federal Reserve Chair Jerome Powell said the central bank will not launch its own digital currency while he is in charge of the central bank.
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Powell signals Fed will keep rates steady as US economy remains strong
Powell stated that the current policy stance, with the federal funds rate between 4.25 percent and 4.5 percent, allows for ...
Asia-Pacific markets set for subdued open after Fed's Powell signals no urgency to lower rates
India is slated to report its inflation data for January. SoftBank Group will be posting its fiscal third quarter earnings ...
CNBC Africa3d
South African rand stable after Powell’s cautious comments; US inflation in focus
South Africa’s rand was steady in early trade on Wednesday, as markets processed U.S. Federal Reserve Chair Jerome Powell’s ...
Crypto Daybook Americas: ADA Rallies, BTC Looks to Powell's Testimony on Capitol Hill
Cardano's ADA is trading higher, buoyed by Grayscale's recent spot ETF application, while bitcoin (BTC) remains rangebound in ...
Asia-Pacific markets trade mixed after Fed's Powell signals no urgency to lower rates
India is slated to report its inflation data for January. SoftBank Group will be posting its fiscal third quarter earnings ...
CNBC Daily Open: Tesla wobbles as BYD gets ahead in self-driving and Elon Musk is everywhere
Investors seem to be growing worried that Elon Musk, for all his business acumen, is getting distracted, with his fingers in ...
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Fed Chair Powell says central bank doesn't ‘need to be in a hurry' to lower interest rates further
Powell called the economy “strong overall” with a “solid” labor market and inflation that is easing but still above the Fed’s ...
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.
Treasury yields rise as investors await Fed Chair Jerome Powell's testimony before Congress
U.S. Treasury yields were up on Tuesday as investors awaited Federal Reserve Chair Jerome Powell’s testimony before Congress ...
Hopes for more Fed rate cuts dim as Powell notes hot CPI means ‘we're not quite there yet'
A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...
Watch Fed Chair Powell speak live before House Financial Services Committee
Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on ...