Monetary Policy and the Economy
2020-02-11T10:00:41-05:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvNTlmXC8yMDIwMDIxMTEwMDE0MTAwM19oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Federal Reserve Chair Jerome Powell testified on the economy and monetary policy before the House Financial Services Committee. He told members that the impact of the coronavirus on the U.S. economy would largely depend on if the outbreak was “persistent” and “material” in nature. He also said in his opening remarks that the policy rate would remain unchanged. Other questions to Mr. Powell focused on China’s role in the global economy, cyber threats in banking, and his reaction to a tweet posted by President Trump during his testimony before lawmakers.
Federal Reserve Chair Jerome Powell testified on the economy and monetary policy before the House Financial Services Committee. He told memb… read more
Federal Reserve Chair Jerome Powell testified on the economy and monetary policy before the House Financial Services Committee. He told members that the impact of the coronavirus on the U.S. economy would largely depend on if the outbreak was “persistent” and “material” in nature. He also said in his opening remarks that the policy rate would remain unchanged. Other questions to Mr. Powell focused on China’s role in the global economy, cyber threats in banking, and his reaction to a tweet posted by President Trump during his testimony before lawmakers. close
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