EghtesadOnline: President Donald Trump is expected to nominate Federal Reserve Governor Jerome Powell to seize the reins of the central bank when Chair Janet Yellen’s term ends in February 2018, in a move that could alter monetary policy and the direction of America’s economy.
EghtesadOnline: Jerome Powell wasn’t a lock to be President Donald Trump’s pick to lead the Federal Reserve.
EghtesadOnline: A top U.S. Federal Reserve official on Friday raised caution about central banks issuing digital currencies as they are vulnerable to cyber attacks and criminal activities along with privacy issues that still need to be addressed.
EghtesadOnline: A push by Washington for more business-friendly regulation and fiscal support for the economy could improve America's mix of policies which in recent years have relied too much on the Federal Reserve, Fed Governor Jerome Powell said.
EghtesadOnline: Federal Reserve Governor Jerome Powell on Friday said export-oriented Asian economies should respond to the sharp slowdown in global trade in the last few years by boosting demand for goods and services within their own borders.
EghtesadOnline: The U.S. economy is at increasing risk of becoming trapped in a prolonged phase of slow growth that points to the need for lower interest rates than previously expected, Federal Reserve policymaker Jerome Powell was quoted as saying.