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Fed Chairman Jerome Powell Half-year remarks on monetary policy and the economy were made on Capitol Hill this week.
First, it will be on Tuesday before the Senate Banking Committee, during which he will question his position Trump administration tariffs, Inflation and status laboratory.
In addition, lawmakers may also seek out Powell’s views on bank regulations as Michael Barr exits his position as the Fed re-engineered a series of controversial bank regulations recommendations.
So far, Powell and his colleagues have avoided how big the Trump tariffs have been commented, although some officials have expressed concerns about their inflationary impacts if they trigger a broader trade war. Regarding monetary policy, the Federal Reserve is It is expected to be put on hold Until at least June or July, it evaluates various dynamics.
Powell addressed the House Financial Services Committee on Wednesday.
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In the conversion, Trump approves the Fed’s decision to keep interest rates stable
