Issue 509 · Feb 13, 2025 Weekly edition · 1 min read

Fintech’s Next Move

## Let's recap... * Fed Holds Firm on Rates – Federal Reserve Chair Jerome Powell signaled a patient approach to rate cuts, emphasizing economic resilience and inflation control. * Fintech Faces New Challenges – With

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Fed Chair Jerome Powell: 'No hurry' to adjust monetary policy

Federal Reserve Chair Jerome Powell emphasized that the central bank sees no urgency in altering its monetary policy as it remains focused on achieving 2% inflation. Speaking before the Senate Banking Committee during the Semiannual Monetary Policy Report, Powell reaffirmed the Fed’s commitment to a cautious approach.

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Powell says Fed 'well positioned' for the 'risks and uncertainties' that lie ahead MSN — During the first of two congressional hearings, Federal Reserve Chair Jerome Powell stated that interest rates are likely to remain unchanged for now. With inflation still elevated and the labor market holding steady, the Fed is taking a measured stance on monetary policy. Powell’s testimony underscores the central bank’s focus on long-term economic stability. Open story ↗

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Fed Chair Jerome Powell: 'No hurry' to adjust monetary policy

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