Watch Fed Chair Powell testify live on interest rate policy before House committee
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Federal Reserve President Jerome Powell, on Tuesday, began with a view in front of the Parliamentary Financial Services Committee and witnessed seven monetary policies to congress leaders.
Powell said in the statements, said the US economy’s “solid” status, but concerns about the impact of President Donald Trump’s tariffs on inflation.
“Policy changes continue to develop and the effects on the economy remain uncertain,” he said. Powell added that he and his colleagues of the Federal Open Market Committee have been a good position to wait to learn more about the possible course of the economy before considering any arrangement in our policy stance “.
President Donald Trump and other administrative officials scolded that he did not reduce the Fed. Referring to Powell, Trump urged his congress leaders to work on a real social writing early on Tuesday, “this very stupid, hard person,” on Tuesday.
Read more:
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Fed Governor Waller said that the Central Bank could reduce until July
Fed Governor Bowman inflation is low if the July interest rate cut off
