Fed's Powell to testify before Senate committee Feb 23

Federal Reserve Chair Jerome Powell will present the central bank's semi-annual Monetary Policy Report to Congress next week, appearing at a hearing on Feb. 23 before the Senate Banking Committee, ...

Mnuchin, Powell press again for deal to get economy through the COVID winter

The heads of the U.S. Treasury Department and Federal Reserve on Wednesday renewed calls for legislators to reach agreement on additional funds to help small businesses get through the next few months ...

Powell says AI may be hurting entry-level jobs: 'Hard to say how big it is'

Jerome Powell said AI is likely affecting the job market ... have said AI is already leading them to reduce their headcount. In previous testimony before Congress, Powell said that AI had the ...
Detroit Free Press

Fed Chair Powell tells Providence Chamber there's 'no risk-free path' for US economy

Federal Reserve Chairman Jerome Powell described the current economic situation as challenging, with risks to both employment and inflation. The Fed is balancing a slowing labor market, which ...

Fed Finally Gets Some Backup in Lonely Fight to Stave Off Trump

The Supreme Court bailed out the US central bank by allowing Governor Lisa Cook to keep her job — for now. Trump’s bid to ...