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. 

Articles You May Like

OPEC+ Meeting: Deepening oil cuts on the horizon says an unnamed source
Gold Rate Today: Yellow metal set for third successive weekly gains. What should traders do?
USDJPY Technical Analysis
Real AI use cases in crypto, No. 1: The best money for AI is crypto
The USDJPY makes new session lows and in the process moves below a swing level. What next?

Leave a Reply

Your email address will not be published.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