Monetary Policy and the. Economy
2023-06-21T22:01:25-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvZWU4XC8wMTFcLzE2ODczNTcwNzVfMDExLmpwZyIsImVkaXRzIjp7InJlc2l6ZSI6eyJmaXQiOiJjb3ZlciIsImhlaWdodCI6NTA2fX19“The U.S. banking system is sound and resilient,” said Federal Reserve Chair Jerome Powell as he testified before the House Financial Services Committee on monetary policy and the economy. The chair predicted a reduction in housing inflation and also forecasted additional rate hikes due to inflation being “well above” where it should be. Other topics included community banking, small businesses, and digital currencies.
“The U.S. banking system is sound and resilient,” said Federal Reserve Chair Jerome Powell as he testified before the House Financial Services… read more
“The U.S. banking system is sound and resilient,” said Federal Reserve Chair Jerome Powell as he testified before the House Financial Services Committee on monetary policy and the economy. The chair predicted a reduction in housing inflation and also forecasted additional rate hikes due to inflation being “well above” where it should be. Other topics included community banking, small businesses, and digital currencies. close
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People in this video
- Andrew Garbarino U.S. Representative [R] New York
- Ritchie Torres U.S. Representative [D] New York
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