Watch Fed Chair Powell speak live to Senate banking panel on the economy and policy

[The stream is slated to start at 9:30 am ET. Please refresh the page if you do not see a player above at that time.]

Federal Reserve Chairman Jerome Powell appears Thursday before the Senate Committee on Banking, Housing and Urban Affairs to conclude his two-day appearance on Capitol Hill to discuss the economy and the future of monetary policy.

On Wednesday, when he appeared before the House Financial Services Committee, the central bank chief said the Fed will wait until the employment picture gets better before changing its approach.

He faced grilling from several members on the surge in inflation, which Powell believes to be temporary and caused by factors related to the pandemic that eventually will fade.

Read more
Powell says the Fed is still a ways off from altering policy, expects inflation to moderate
Inflation climbs higher than expected in June as price index rises 5.4%
Fed officials kept a patient tone in terms of tightening monetary policy, minutes show

Subscribe to CNBC on YouTube. 

This article was originally published on CNBC. Read the original article.

Click this link for the original source of this article.
Author: ThinkCivics Newswire


This content is courtesy of, and owned and copyrighted by, https://thinkcivics.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact USSANews.com using the email address in the Contact page found in the website menu.

0 Comments
Inline Feedbacks
View all comments

USSANews.com
A better search engine: DuckDuckGo.com.
Visit our Discussion Forum at Libertati.com.

Follow us: