NEW YORK – US Federal Reserve chair Jerome Powell on Dec 18 said the US central bank has no desire to be involved in any government effort to stockpile large amounts of Bitcoin. “We’re not ...

Powell, in his speech, said, "We see inflation as still broadly on track." "The US economy is growing at a healthy 2.5% pace, unemployment is low, but inflation forecast is higher, and there is ...

Watch Powell’s remarks in the player above. The Fed’s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just twice in 2025, down from their estimate in ...

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 discussed the central bank’s decision Wednesday to cut the benchmark federal-funds rate to a range between 4.25% and 4.5%, a two-year low, after the Fed cut ...

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 ...

Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 25 basis points to the range of 4.25%-4.5% after the December meeting and responds to ...

Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 25 basis points to the range of 4.25%-4.5% after the December meeting and responds to ...

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% ...

Then Fed Chair Jerome Powell takes the stage. Investors will watch his press conference, scheduled to begin at 2:30 p.m., for insights into the path forward for rates next year and beyond ...