Business

Inflation dominates Powell's confirmation hearing for a second term steering the Fed

Federal Reserve Chairman Jerome Powell will tell lawmakers Tuesday that the central bank is "strongly committed" to keeping prices stable, as he seeks confirmation for a second four-year term.
Source: https://www.washingtontimes.com/news/2022/jan/11/inflation-dominates-powells-confirmation-hearing-s/?utm_source=RSS_Feed&utm_medium=RSS

In testimony to the Senate Banking Committee, Mr. Powell acknowledged the impact that record-high inflation has had on average Americans.
Source: https://www.washingtontimes.com/news/2022/jan/11/fed-chair-powell-pledge-fight-inflation-senate-hea/?utm_source=RSS_Feed&utm_medium=RSS

Summary automatically generated by NewSUM A.I. from the following sources:

About the author