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YF breaks down Fed Chair Powell’s Senate testimony

DeFi Daily News by DeFi Daily News
July 9, 2024
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#yahoofinance #fed #jeromepowell #yahoofinance #senate

Federal Reserve Chair Jerome Powell has begun his semi-annual monetary policy address, a two-day testimony before the Senate. In his remarks, Powell reaffirmed the Fed’s commitment to data-driven decision making, emphasizing the need for continued evidence that inflation is headed toward the 2% target before considering any policy shifts. Wealth! host Brad Smith and anchor Seana Smith team up to analyze Powell’s ongoing testimony. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith

Yahoo Finance: Market Coverage, Stocks, & Business News
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Tags: BondsBreaksbusinessChairCurrenciesEquitiesfedFXInvestingInvestmentjerome powellMarketMarketsMoneyNewsNYSEPersonal FinancePoliticsPowellsSavingsSenateStock marketstockstestimonyYahoo FinanceYahoo FInance Premium
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