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.
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.
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Fed Chair Powell Says Central Bank Doesn’t Need To Be In A Hurry To Cut Rates: ‘Attentive To The Risks To Both Sides Of Our Dual Mandate’
Federal Reserve Chair Jerome Powell stated before the Senate Banking Committee that the central bank does not need to be in a hurry to cut interest rates and noted that while inflation has come down ...