Federal Reserve Chair Jerome Powell Testifies on the State of the Economy
2019-07-10T10:07:29-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvMTgyXC8yMDE5MDcxMDEwMDkxMDAwM19oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Federal Reserve Chair Jerome Powell testified before the House Financial Services Committee on U.S. monetary policy and the state of the economy. In his prepared remarks, Mr. Powell said the U.S. economy continued to grow but that growth was slowing as the global economy suffered from declining gains in capital investments and worries over trade tensions between the U.S., China, and others. He then answered questions from lawmakers on a variety of economic and monetary policy topics, including concerns over Facebook’s proposed Libra cryptocurrency and the relationship between the unemployment and inflation rates.
Federal Reserve Chair Jerome Powell testified before the House Financial Services Committee on U.S. monetary policy and the state of the economy.… read more
Federal Reserve Chair Jerome Powell testified before the House Financial Services Committee on U.S. monetary policy and the state of the economy. In his prepared remarks, Mr. Powell said the U.S. economy continued to grow but that growth was slowing as the global economy suffered from declining gains in capital investments and worries over trade tensions between the U.S., China, and others. He then answered questions from lawmakers on a variety of economic and monetary policy topics, including concerns over Facebook’s proposed Libra cryptocurrency and the relationship between the unemployment and inflation rates. close
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