| Clip Of Monetary Policy and the Economy

Federal Reserve Chair Defends Decision to Leave Interest Rates Unchanged

During his opening statement before the House Financial Services Committee, Federal Reserve Chair Jerome Powell defends the Central Bank's… read more

During his opening statement before the House Financial Services Committee, Federal Reserve Chair Jerome Powell defends the Central Bank's decision in December 2019 to leave interest rates unchanged and points to a number of positive indicators, including continued job growth, low inflation, consumer spending, housing investment, and wages, saying, "As long as information about the economy remains broadly consistent with this outlook, the current stance on monetary policy will likely remain appropriate," Powell says. close

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Federal Reserve Chair Defends Decision to Leave Interest Rates Unchanged

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Program ID:
469082-1
Category:
House Committee
Format:
House Committee
Location:
2128, Rayburn House Office Building, Washington, District of Columbia, United States
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Federal Reserve Chair Defends Decision to Leave Interest Rates Unchanged

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