Finance

Watch Fed Chair Powell speak live to Senate banking panel on the economy and policy

[The stream is slated to start at 9:30 am ET. Please refresh the page if you do not see a player above at that time.]

Federal Reserve Chairman Jerome Powell appears Thursday before the Senate Committee on Banking, Housing and Urban Affairs to conclude his two-day appearance on Capitol Hill to discuss the economy and the future of monetary policy.

On Wednesday, when he appeared before the House Financial Services Committee, the central bank chief said the Fed will wait until the employment picture gets better before changing its approach.

He faced grilling from several members on the surge in inflation, which Powell believes to be temporary and caused by factors related to the pandemic that eventually will fade.

Read more
Powell says the Fed is still a ways off from altering policy, expects inflation to moderate
Inflation climbs higher than expected in June as price index rises 5.4%
Fed officials kept a patient tone in terms of tightening monetary policy, minutes show

Subscribe to CNBC on YouTube. 

Products You May Like

Articles You May Like

Fox CEO Lachlan Murdoch to face questioning as part of Dominion Voting’s $1.6 billion lawsuit
Fed Chair Powell says smaller interest rate hikes could start in December
An uphill battle could await activist Trian as the firm snaps up a stake in Disney
Walmart CEO says shoppers are being more selective as they deal with inflation
‘I never really got better’ — long Covid patients share their struggle with ongoing symptoms and the health-care system

Leave a Reply

Your email address will not be published. Required fields are marked *