Fed Chair Powell heads to Capitol Hill, and he’s got his hands full


U.S. Federal Reserve Chairman Jerome Powell testifies during the Senate Banking Committee hearing titled “The Semiannual Monetary Policy Report to the Congress”, in Washington, U.S., March 3, 2022.

Tom Williams | Reuters

Federal Reserve Chairman Jerome Powell is set to appear before Congress with a tall task: Persuade legislators that he’s committed to bringing down inflation while not pulling down the rest of the economy at the same time.

Markets have been on tenterhooks wondering whether he can pull it off. Sentiment in recent days has been more optimistic, but that can swing the other way in a hurry should the central bank leader stumble this week during his semiannual testimony on…


0 0 votes
Article Rating

Kohl’s (KSS) earnings Q4 2022

Previous article

IWG CEO says commercial real estate has a ‘shock coming’

Next article

You may also like

Notify of
Inline Feedbacks
View all comments

More in Economy