Jerome Powell was ratified as president of the Federal Reserve by the president of the United States, Joe Biden, who also selected Governor Lael Brainard as vice president. Biden decided for administrative continuity in times when the country's economy is impacted by an increase in the inflationary…
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Jerome Powell
The FED will review its code of ethics
The president of the United States Federal Reserve (Fed), Jerome Powell, requested that a review of the central bank's code of ethics be carried out after the multimillion-dollar transactions they carried out last year became known in…
The Federal Reserve kicked off its monetary policy meeting
The Central Bank of the United States (Fed) is addressing, from this Tuesday, July 27, the monetary policy of the nation and where it is expected that they will analyze inflation and the risks that repesents the Delta variant of the…
Fed to present report on cryptocurrency launch
The United States Federal Reserve (Fed) plans to publish a report in a few months that will explore the implications of technology for digital payments, including a section focused on the possibility of the central bank issuing its own…
US Federal Reserve says economy is at a tipping point
The president of the United States Federal Reserve (FED), Jerome Powell, assured that the economy of the North American country is at a "turning point" due to the increasingly better prospects and the gradual reopening in almost all the…
Fed announces changes to leverage rules
The United States Federal Reserve Board (Fed) announced that the temporary change to its supplementary leverage ratio (SLR) for US banks will expire on March 31st, as scheduled.
In a statement, the Central Bank rejected extending the rule,…
Citigroup shows interest in creating sovereign cryptocurrencies
The largest financial services company in the world, Citigroup, has announced its intention to promote development projects with public institutions with governments around the world in terms of creating digital currencies.
Although no…
The FED assures that the conditions for digital currencies should be prepared
The president of the Federal Reserve, Jerome Powell, assured that beyond having actions that support the use of digital currencies, it is necessary to first establish "appropriate conditions" for this.
"We think it is more important to get…
The FED considers additional measures to revive the economy
The president of the US Federal Reserve (FED), Jerome Powell, believes that the recovery from the crisis in the world will take time and perhaps the implementation of new extraordinary measures to revive the economy.
However, he ruled out…
The FED will grant US $ 2,3 billion loans to the business sector
The central bank of the United States announced last Thursday more financing facilities to sustain the economy, which has been affected by the paralysis of activities throughout the country, with the aim of fighting the spread of the new…
U.S. Federal Reserve explores the creation of a digital currency
This Thursday it was learned that the Federal Reserve System of the United States is evaluating the benefits of issuing a digital currency, as well as the risks that this would imply for the economy of the country.
According to statements…