Powell of the Federal Reserve Chair watches testify live before the Senate Banking Committee
(The stream is expected to start at 10am. If you do not see the above players at that time, please refresh the page.)
Federal Reserve Chairperson Jerome Powell This week we will be offering his six-month comments on monetary policy and the economy on Capitol Hill.
The first was the appearance of Tuesday before the Senate Banking Committee, during which he is expected to be plagued by questions about his position. Tariffs from the Trump administration, Inflation and state Lab.
Additionally, lawmakers may also be seeking Powell’s views on banking regulations as vice-chairman of Michael Barr’s oversight and as the Fed traces a set of controversial banking regulatory proposals.
So far, Powell and his colleagues have avoided saying much about Trump’s tariffs, but some officials have said that if they cause a broader trade war, they will end up inflation in tariffs. I’m worried about the impact of this. Regarding monetary policy, the Fed is It is expected to be on hold Various dynamics play out, at least until June or July.
Powell will speak Wednesday before the House Financial Services Committee.
read more:
Fed officials have raised concerns about the impact of Trump’s tariffs on inflation
The Fed can find itself on Policy Catch 22 if tariffs surge inflation and growth is slow
With the switch, Trump approves the Fed’s decision to stabilize interest rates