Jerome Powell

Fed Chair Powell hints on digital dollar timing

Federal Reserve Chairman Jerome Powell said that the central bank was advancing research and public outreach regarding its own digital dollar – and a white paper could be released this fall.

Powell says Fed 'a ways off' from tapering economic support

Federal Reserve Chairman Jerome Powell plans to tell Congress on Wednesday that the U.S. economy is "a ways off" from where it needs to be in order for policymakers at the U.S. central bank to begin scaling back the massive monthly bond purchases.