Jerome Powell is likely to face questions from senators about the Federal Reserve’s independence from political pressure, after frequent criticism from President Trump
WASHINGTON—Federal Reserve Chairman Jerome Powell heads to the Senate Banking Committee on Thursday for a second day of Capitol Hill testimony to answer more questions from lawmakers about the outlook for the economy, interest rates and the central bank’s independence.
Mr. Powell signaled Wednesday to the House Financial Services Committee that the central bank is ready to cut interest rates later this month to bolster the U.S. economy as it faces risks from slowing global growth and uncertainty about trade disputes.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Live blog and video of Jerome Powell testimony to House committee on economy, interest ratesFed Chairman Jerome Powell will testify Wednesday to the House Financial Services Committee on the economic outlook and interest rates.
Leer más »
Jerome Powell: Facebook's Libra poses potential risk to financial systemAt a House Financial Services Committee hearing, Powell said the central bank has a working group that's looking at Libra.
Leer más »
Fed’s Jerome Powell has ‘serious concerns’ with Facebook's Libra digital currency plan“Libra raises many serious concerns regarding privacy, money laundering, consumer protection and financial stability,” Federal Reserve Chairman Jerome H. Powell said.
Leer más »
Fed Chairman Jerome Powell’s Approach to Interest-Rate Policy Wins Bipartisan BackingPresident Trump’s relentless public criticism of the man he picked to run the Federal Reserve, Jerome Powell, isn’t broadly shared by lawmakers who confirmed the central bank leader to his post last year.
Leer más »