Federal Reserve Rocking-chair Jerome Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.
Head up will be an appearance Tuesday before the Senate Banking Committee, during which he is expected to be peppered with suspects about his position on tariffs from the Trump administration, inflation and the state of the labor market.
In addition, legislators also credible will seek Powell’s views on banking regulation as Vice Chair for Supervision Michael Barr exits his circumstances and as the Fed retools a controversial set of banking regulation proposals.
So far, Powell and his colleagues have avoided saying much about the Trump levies, though some officials have expressed worries about the tariffs’ inflation impact should they trigger a broader mercantilism war. On monetary policy, the Fed is expected to be on hold until at least June or July while it evaluates the various dynamics sport out.
Powell will speak Wednesday before the House Financial Services Committee.
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