Federal Reserve Chairman Jerome Powell faces another day of hearings on Capital Hill, testifying before the Senate Banking Committee on Thursday. Powell is assuring lawmakers that the Fed will consider cutting interest rates if disinflation takes hold in the rest of the U.S. economy. He warns
Yahoo Finance Fed reporter Jennifer Schonberger joins the live show to detail Powell's recent statements to lawmakers in this morning's meeting and highlight comments on the Fed's outlook on its Basel III capital requirements.
For more expert insights and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's Note: This article was written by Luke Carberry Mogan.
Comments are closed.