Entering text into the input field will update the search result below

Jerome Powell supports 25 bp rate hike at March meeting: Congressional testimony

Mar. 02, 2022 12:24 PM ETBy: Liz Kiesche, SA News Editor4 Comments

Fed Chair Jerome Powell And Janet Yellen Testify At House Hearing

Alex Wong/Getty Images News

The Federal Reserve can't address supply-side issues and it's time "to move away from highly stimulative policy accommodation" in order to address inflation, said Chair Jerome Powell during his testimony discussing semiannual monetary policy in the House of

Recommended For You

Comments (4)

Have a tip? Submit confidentially to our News team. Found a factual error? Report here.

Appropriate raise and will not cause the markets to crash.
This is bullish. It removes uncertainty that they would come out with a big rate hike. No need for markets to wait 2 weeks to see what they are going to do. It's either .25 or 0 in two weeks.
@iran7 I probably shouldn't but I think I might laugh if it's zero.
ComputerBlue profile picture
Meaningless hike...fed = no credibility..theyre trapped
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.