Federal Reserve Chair Jerome Powell on Tuesday suggested the central bank is nearing a point where it will stop reducing the size of its bond holdings, but gave no long-run indication of where interest rates are heading. Speaking to the National Association for Business Economics’ conference in Philadelphia, Powell provided a dissertation on where the Fed stands with “quantitative tightening,” or the effort to reduce the more than $6 trillion of securities it holds on its balance sheet. While he
Federal Reserve Chair Jerome Powell on Tuesday suggested the …
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Fed Chair Jerome Powell: Still no decision on central bank digital currency
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Fed Chair Jerome Powell: Still no decision on central bank digital cu…
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Fed Chair Powell: Fed will never have a central bank digital currency
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399K views · 886 reactions | Fed Chair Jerome Powell said in a news conference that the central bank is seeing tariffs as putting upward pressure on inflation expectations. Read more: cnb.cx/4bI6D3G | CNBC | Facebook
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399K views · 886 reactions | Fed Chair Jerome Powell said in a new…
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Brainard Lays Out Cost Benefits of Central Bank Digital Currency
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14K views · 102 reactions | Federal Reserve Chair Jerome Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge. Sen. Bernie Moreno asked Powell the question during the chair's semiannual testimony on monetary policy and regulation. Full details: cnb.cx/3QdBUkR | CNBC | Facebook
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