Tagged: jay powell

May 3, 2023 @ 3:24 pm By JD Alois  |  

The US Federal Reserve announced a 25 bps increase in benchmark interest rates matching market expectations. While some held hopes for a pause this week, prognosticators are now looking forward to the next meeting in June. What did change in the Federal Open Market Committee… Read More

October 19, 2020 @ 9:55 am By JD Alois  |  

Jerome Powell, Chairman of the Board of Governors of the US Federal Reserve, participated in a virtual panel today hosted by the International Monetary Fund (IMF) on the topic of Central Bank Digital Currency (CBDCs). Powell said the Fed is committed to considering a CBDC… Read More

February 27, 2019 @ 9:00 pm By JD Alois  |  

It is almost inevitable that topics regarding Fintech surface in Congressional hearings that address the financial services industry. This week’s hearings involving the House Financial Services Committee and Federal Reserve Chairman Jay Powell were no different and some of the questionings went beyond payments. There… Read More

November 1, 2017 @ 7:23 pm By JD Alois  |  

Jerome “Jay” Powell, a current Federal Reserve Governor, appears to be the Trump Administration’s pick to replace current Fed Chair Janet Yellen this coming February. Powell may not have been an obvious selection but much of the media is describing him as a steady hand… Read More