Tag: Jerome Powell
Fed Chair Indicates Unlikely Interest Rate Drop in Senate Hearing
Federal Reserve Chairman Jerome Powell made it clear during a recent Senate committee hearing that there are no immediate plans to cut borrowing costs, citing a robust job market and ongoing inflation as reasons...
Jerome Powell and Bank CEOs Meet in Secret Meeting to Prevent Legal Disputes
Federal Reserve Chair Jerome Powell recently met with a group of big-bank CEOs in a closed-door meeting to discuss the Biden administration's capital proposal and prevent potential legal disputes. The meeting, which took place...