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Article Summary
- Federal Reserve Chair Jerome Powell discusses interest rates and inflation
- Powell emphasizes the need for continued support as the economy recovers from the pandemic
- The Fed Chair acknowledges the uncertainty surrounding the economic outlook
- Powell suggests that the path ahead is highly dependent on the course of the virus
- The interview provides insights into the Fed's approach to monetary policy during these challenging times
- The tone of the article is informative and neutral
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Watch Live: Fed Chair Jerome Powell Speaks After Expected Interest Rate Cuts
Federal Reserve Chair Jerome Powell is giving remarks Thursday afternoon, as the Biden administration prepares to cut interest rates for a second time. The decision comes after the administration announced late last month that price increases have fallen to their lowest level in more than three years. The Fed cut rates by half a point...
https://thehill.com/video-clips/4978352-watch-live...
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