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News for India > Finance > Watch Fed Chair Powell speak live before House Financial Services Committee
Finance

Watch Fed Chair Powell speak live before House Financial Services Committee

Last updated: February 12, 2025 8:34 pm
6 months ago
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[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.]

Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on monetary policy.

The central bank leader appears before the House Financial Services Committee to deliver prepared remarks then participate in a question-and-answer session with lawmakers.

During his testimony Tuesday before the Senate Banking Committee, Powell delivered remarks indicating that policymakers will take a patient approach to interest rate decisions this year. In addition, he fielded multiple questions and about bank regulations and dismissed the possibility of a Fed-sponsored central bank digital currency.

Read more:
Trump says interest rates should be ‘lowered’ to go ‘hand in hand’ with his tariffs
Powell squashes the possibility that the Fed will develop its own digital currency
Fed Chair Powell says central bank doesn’t ‘need to be in a hurry’ to lower interest rates further

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