Powell Begins Testimony as Part of Renomination Hearing

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World Affairs

1/11/2022, 3:33:38 PM




Federal Reserve Chair Nominee Jerome Powell Testifies at Confirmation Hearing Federal Reserve Chair Jerome Powell testified on his renomination as chair of the Federal Reserve System before a Senate Banking Committee confirmation hearing https://www.c-span.org/video/?517047-1/federal-reserve-chair-nominee-jerome-powell-testifies-confirmation-hearing

FED'S GEORGE Q&A: HIKING RATES FIRST MAY BE FIRST STEP BEFORE SHRINK BALANCE SHEET AGAIN FED TIGHTENING TO HURT STOCK VALUES; NOT SURE HOW MUCH FED'S MESTER/BBG: sees 3 RATE HIKES IN FOR THIS YEAR; FED WOULD STILL BE ACCOMMODATIVE IF HIKED AT MARCH FOMC



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