Economic activity has continued to expand at a "solid pace," Federal Reserve Chair Jerome Powell said Wednesday after the central bank cut its benchmark rate by another 25 basis points ...
Federal Reserve Chair Jerome Powell offered what was perhaps a tell Wednesday on how top of mind the economic policies of President-elect Donald Trump are for monetary policy in 2025. The moment ...
Bitcoin's price dipped Wednesday after Federal Reserve Chairman Jerome Powell said the central bank is not looking to hold the digital currency and signaled a more cautious approach to rate cuts ...
Federal Reserve Chair Jerome Powell has ruled out the possibility of the central bank adding Bitcoin to its balance sheet, citing legal restrictions under the Federal Reserve Act. Powell ...
The Federal Reserve will conclude its final meeting of 2024 on Wednesday, and next year will likely be Fed Chair Jerome Powell's last full one at the helm of the U.S. central bank, with his four ...
Powell's hawkish tone sparks market rout, sending the Dow down 1,123 points and the S&P 500 tumbling 2.9%. The U.S. dollar surges to two-year highs, while Bitcoin falls 5.5% and gold drops 2.1% ...
For the past few years, investors have been hyper-focused on Federal Reserve Chair Jerome Powell as he clamped down on the economy to fight inflation and then began to ease off. Next year ...
The December 2024 FOMC meeting will conclude on Wednesday, December 18th at 2:00 ET. Fed Chairman Powell’s press conference will begin at 2:30 ET. Traders and economists confidently expect the ...
Fed Chair Jerome Powell confirmed less restrictive policies in coming months He expressed confidence in the US economy and recovery plans He spoke on Bitcoin reserve, a commentary that tumbled the ...
NEW YORK, Dec 18 (Reuters) - Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank has no desire to be involved in any government effort to stockpile large amounts of bitcoin.
WASHINGTON, Dec 18 (Reuters) - The Federal Reserve will conclude its final meeting of 2024 on Wednesday, and next year will likely be Fed Chair Jerome Powell's last full one at the helm of the U.S ...
Poor old Jerome Powell. The chairman of the US Federal Reserve must have thought he had a pretty good message to deliver to investors at his traditional post-meeting press conference. The Fed’s ...