Federal Reserve Chair Jerome Powell Testifies Before Senate on Monetary Policy

Tuesday, 9 July 2024, 16:35

Federal Reserve Chair Jerome Powell discusses the Fed's commitment to data-driven decision making and the importance of evidence of inflation targeting. Analysis of Powell's Senate testimony by experts Brad Smith and Seana Smith. Stay informed with the latest market insights and actions in this detailed breakdown.
Yahoo Finance
Federal Reserve Chair Jerome Powell Testifies Before Senate on Monetary Policy

Federal Reserve Chair Powell Testifies Before Senate

Federal Reserve Chair Jerome Powell has started his two-day testimony to the Senate, focusing on data-driven decision making.

Commitment to Inflation Target

  • Emphasizing the need for evidence of inflation reaching the 2% target before policy shifts.

Expert Analysis

  • Analysis by Brad Smith and Seana Smith on Powell's ongoing testimony.

This post provides detailed insights into Powell's address and market implications.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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