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3232Fed Chair Powell Provides Update on US Central Bank Digital Currency
https://www.digit.info/fed-chair-powell-provides-update-on-us-central-bank-digital-currency/
Fri, 10 Mar 2023 05:20:03 +0000https://www.digit.info/2023/03/10/fed-chair-powell-provides-update-on-us-central-bank-digital-currency/Read more]]>Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a hearing before the House Financial Services Committee. While stating that the Fed is “making progress on technological issues,” Powell stressed that “policy issues are equally important.” Fed Chair Powell on CBDC Progress During a hearing […]
]]>Fed Chair Powell on Crypto: We See Turmoil, Fraud, Lack of Transparency, Run Risk
https://www.digit.info/fed-chair-powell-on-crypto-we-see-turmoil-fraud-lack-of-transparency-run-risk/
Wed, 08 Mar 2023 00:30:02 +0000https://www.digit.info/2023/03/08/fed-chair-powell-on-crypto-we-see-turmoil-fraud-lack-of-transparency-run-risk/Read more]]>Federal Reserve Chairman Jerome Powell has outlined several risks related to crypto activities during a hearing before the Senate Committee on Banking, Housing, and Urban Affairs. While stating that the Fed sees turmoil, fraud, a lack of transparency, and run risk in the crypto space, he stressed: “We don’t want regulation to stifle innovation.” Fed […]
]]>Federal Reserve Officials Say More Interest Rate Hikes Are Needed to Curb Inflation
https://www.digit.info/federal-reserve-officials-say-more-interest-rate-hikes-are-needed-to-curb-inflation/
Fri, 10 Feb 2023 09:05:00 +0000https://www.digit.info/2023/02/10/federal-reserve-officials-say-more-interest-rate-hikes-are-needed-to-curb-inflation/Read more]]>Several Federal Reserve governors and presidents say that more interest rate hikes are needed to curb inflation. “We are not done yet with raising interest rates,” Fed Governor Lisa Cook said. “We need to raise rates aggressively to put a ceiling on inflation,” Minneapolis Federal Reserve President Neel Kashkari stressed. Fed Officials on Raising Interest […]
]]>Federal Reserve Chairman Jerome Powell Faces Political Pressure Over Interest Rate Hikes
https://www.digit.info/federal-reserve-chairman-jerome-powell-faces-political-pressure-over-interest-rate-hikes/
Fri, 28 Oct 2022 00:00:57 +0000https://www.digit.info/2022/10/28/federal-reserve-chairman-jerome-powell-faces-political-pressure-over-interest-rate-hikes/Read more]]>U.S. Senator Sherrod Brown has asked Fed Chair Jerome Powell not to forget the Federal Reserve’s “dual mandate” when making decisions about hiking interest rates at the next Federal Open Market Committee (FOMC) meeting. “It is your job to combat inflation, but at the same time, you must not lose sight of your responsibility to […]
Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a hearing before the House Financial Services Committee. While stating that the Fed is “making progress on technological issues,” Powell stressed that “policy issues are equally important.” Fed Chair Powell on CBDC Progress During a hearing […]
Federal Reserve Chairman Jerome Powell has outlined several risks related to crypto activities during a hearing before the Senate Committee on Banking, Housing, and Urban Affairs. While stating that the Fed sees turmoil, fraud, a lack of transparency, and run risk in the crypto space, he stressed: “We don’t want regulation to stifle innovation.” Fed […]
Several Federal Reserve governors and presidents say that more interest rate hikes are needed to curb inflation. “We are not done yet with raising interest rates,” Fed Governor Lisa Cook said. “We need to raise rates aggressively to put a ceiling on inflation,” Minneapolis Federal Reserve President Neel Kashkari stressed. Fed Officials on Raising Interest […]
U.S. Senator Sherrod Brown has asked Fed Chair Jerome Powell not to forget the Federal Reserve’s “dual mandate” when making decisions about hiking interest rates at the next Federal Open Market Committee (FOMC) meeting. “It is your job to combat inflation, but at the same time, you must not lose sight of your responsibility to […]