WATCH LIVE: Powell testifies before House committee after saying US is not ready for interest rate cut
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WATCH LIVE: Powell testifies before House committee after saying US is not ready for interest rate cut
https://www.youtube.com/watch?v=3dmKcrmN2HA Federal Reserve Chairman Jerome Powell is testifying before the House Financial Services Committee on Tuesday
9 months ago
Fed Chair Powell Testimony
Takeaways from Fed Chair Powell’s testimony before the House Financial Services Committee
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Rep. Luna Files Criminal Referral Against Fed Chair Powell Over Building Testimony
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Powell Congress Testimony: Powell Urges Patience on Rates, Says Inflation Needs to Slow Down Before Cuts
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Federal Reserve Chair Jerome Powell said inflation has remained “somewhat elevated” due to the impact from tariffs. “These readings are higher than earlier in the year, as inflation for goods has picked up, reflecting the effects of tariffs,” he said, citing the rise in PCE and core PCE. Find more from Powell's remarks: cnb.cx/4oNCWTA | CNBC
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Federal Reserve Chair Jerome Powell said inflation has remained “somewhat elevated” due to the impact from tariffs. “These readings are higher than earlier in the year, as inflation for goods has picked up, reflecting the effects of tariffs,” he said, citing the rise in PCE and core PCE. Find more from Powell's remarks: cnb.cx/4oNCWTA | CNBC
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