WATCH LIVE: Jerome Pow­ell tes­ti­fies before Sen­ate Bank­ing Com­mit­tee

[embed­ded content]Federal Reserve Chair­man Jerome Pow­ell is giv­ing his semi­an­nu­al mon­e­tary pol­i­cy report to the Sen­ate Bank­ing Com­mit­tee.
The hear­ing will begin at 10 a.m. EDT from Capi­tol Hill in Wash­ing­ton, D.C.
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Powell’s tes­ti­mo­ny comes a week after he said that infla­tion may not return to the Fed­er­al Reserve’s goal of 2% until late 2025 or 2026. Infla­tion has been above the 2% goal since 2021.
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