Federal Reserve Press Releases

Federal Reserve Chair Jerome Powell Asserts Legal Restrictions on Bitcoin Ownership Federal Reserve Chair Jerome Powell addressed questions regarding the central bank's potential involvement with Bitcoin, stating that current laws prohibit the Federal...

Wharton Wealth Planning, LLC, a New York-based independent fee-only fiduciary financial advisor, believes many areas in the fixed income markets are attractively priced and that it is likely not be the best idea to over-allocate to cash right now.

Last year, Fed Chair Powell dashed hopes for a swift end to the Fed's rate hikes.

Key takeaways: This past week, markets were faced with a triple whammy of data: A Federal Reserve interest-rate hike (perhaps its last of this cycle), ongoing turmoil in the banking system, and a key jobs report for the month of April.After raising...