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Jerome Powell gets second term as Fed chair after Biden renomination

United States President Joe Biden has re-nominated Jerome Powell, the current chair of the Federal Reserve, for a second term.  Powell is a cautious supporter...

Federal Reserve Chairman Jerome Powell says U.S. will not ban cryptocurrencies

During a hearing before the U.S. House Committee on Financial Services, Federal Reserve Chairman Jerome Powell was questioned if the central bank is contemplating...

Lack of fiscal aid prompts ‘tragic’ economic impact, Powell warns

The Federal Reserve’s chair warned of a weak and prolonged recovery if the Congress would not pass another stimulus package to support families and...

Powell unveils Fed approach to inflation maintaining low interest rates

The Fed announced a major policy shift to average inflation targeting as well as addressing employment through amending a 2012 strategy. This year, the Fed...

Dow Jones breaks winning streak, futures slightly rise

It's another volatile week at Wall Street as the Dow Jones broke its three-day winning streak closing at 390.51 points, dropping 1.59% while the...
Fed confirms to keep rates until employment and inflation returns to normal

Fed confirms to keep rates until employment, inflation returns to normal

The Fed recently announced that they will continue to keep interest rates between 0 to 0.25% in a press conference. Fed Chairman Jerome Powell held...

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