Watch the chairman Fed Powell testifies live before the Senate Banking Committee
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.]
Federal reserves Jerome Powell Brings its semi -annual remarks about monetary policy and economy this week at Capitol Hill.
First will appear on Tuesday before the Senate Banking Committee, during which it is expected to be full of questions about its position at Tariffs of Trump Administration, inflation and condition Labor market.
In addition, the legislators are also likely to request Powell’s views on banking regulation as an Vice -President Michael Barr goes out to his place and that the FED is diverting a controversial set of proposals for banking regulations.
So far, Powell and his colleagues have avoided much to say about Trump’s tariffs, although some officials have expressed concern about the inflation of tariff inflation if they are launching a wider trade war. About the monetary policy, the Fed is It is expected to be on hold To at least June or July while evaluating the various dynamics that are played.
Powell will speak on Wednesday before the House Financial Services Committee.
Read more:
Fed officials cause concern about the influence of Trump’s inflation tariff
Fed could be found in a catch policy-22 if the tariffs be transplanted by inflation and slow growth
In the switch, Trump approves the decision of the Fed to stabbally hold interest rates