Federal Reserve Chair Jerome Powell continues to testify to the House Financial Services Committee for a second day.
Powell reinforced his belief on the first day of his testimony the that the Fed will cut its key interest rate this year but said it first wants to see more evidence that inflation is falling sustainably back to the 2% target.
#powell #federalreserve #uscongress #unitedstates #news #live
About SocialNewsXYZ
An Indo-American News website. It covers Gossips, Politics, Movies, Technolgy, and Sports News and Photo Galleries and Live Coverage of Events via Youtube. The website is established in 2015 and is owned by AGK FIRE INC.
Federal Reserve Chair Jerome Powell continues to testify to the House Financial Services Committee for a second day. Powell reinforced his belief on the first day of his testimony the that the Fed will cut its key interest rate this year but said it first wants to see more evidence that inflation is falling sustainably back to the 2% target. #powell #federalreserve #uscongress #unitedstates #news #live