Federal Reserve Chair Testifies on Monetary Policy and the Economy
2024-03-07T14:47:23-05:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvMmIxXC8wMTBcLzE3MDk4MjM0NDVfMDEwLmpwZyIsImVkaXRzIjp7InJlc2l6ZSI6eyJmaXQiOiJjb3ZlciIsImhlaWdodCI6NTA2fX19Federal Reserve Board Chair Jerome Powell outlined the Federal Reserve’s Semi-annual Policy Report before the Senate Banking, Housing, and Urban Affairs Committee. He outlined the state of the economy and said the Federal Reserve will not wait for inflation to get down to 2% before cutting interest rates with the expectation of dialing back interest rates this year. Additional topics discussed included amending the Basel III Endgame proposal that outlines bank capital requirements, housing availability, consumer good prices, immigration, and digital currency.
Federal Reserve Board Chair Jerome Powell outlined the Federal Reserve’s Semi-annual Policy Report before the Senate Banking, Housing, and U… read more
Federal Reserve Board Chair Jerome Powell outlined the Federal Reserve’s Semi-annual Policy Report before the Senate Banking, Housing, and Urban Affairs Committee. He outlined the state of the economy and said the Federal Reserve will not wait for inflation to get down to 2% before cutting interest rates with the expectation of dialing back interest rates this year. Additional topics discussed included amending the Basel III Endgame proposal that outlines bank capital requirements, housing availability, consumer good prices, immigration, and digital currency. close
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