Powell confirmed in a Senate Hearing on Tuesday that the U.S. won't issue a central bank digital currency or CBDC while he's ...

Federal Reserve Chair Jerome Powell took questions from lawmakers on Capitol Hill and was grilled about Elon Musk's Department of Government Efficiency (DOGE) accessing the personal information of ...

Federal Reserve Chair Jerome Powell testifies on Capitol Hill for committees that oversee the central bank and the financial ...

Federal Reserve Chair Jerome Powell told lawmakers on Tuesday the argument for free trade still makes sense but added that it was not the role of the central bank to comment on tariff or trade ...

Jerome Powell said he did not believe that Elon Musk or members of his DOGE team have tried to access the Fed's secure payment systems. Federal Reserve Chair Jerome Powell on Tuesday said he did ...

Feb. 11 (UPI) --Federal Reserve Chairman Jerome Powell testified on Capitol Hill Tuesday for the first of two hearings this week. Powell told the panel that the Federal Reserve is in no hurry to ...

Jerome Powell said the Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market is solid. The Federal Reserve is prepared to ...

Federal Reserve Chair Jerome Powell sat before the Senate Banking Committee on Tuesday morning to testify on the agency’s monetary policy. Powell said last month that he would not resign from ...

Federal Reserve Chair Jerome Powell begins two days of hearings on Capitol Hill on Tuesday with the economy around full employment, inflation expected to ease, and intense uncertainty about how ...

Tom Williams / CQ-Roll Call, Inc via Getty Images Federal Reserve Chair Jerome Powell said the Fed will never launch a Central Bank Digital Currency while he is in charge. Powell's comments nixed ...

Don’t expect interest rates to fall any time soon. Federal Reserve Chair Jerome Powell told a Senate Committee Tuesday that with a strong job market and with inflation still elevated, he and his ...

Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that officials will be patient before lowering borrowing costs further.