Fed Chair Powell and Treasury Secretary Yellen affirm prior to Congress on CARES Act– 9/28/21

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Fed Chairman Jerome Powell speaks in front of the Senate Committee on Banking, Real Estate and Urban Affairs on Tuesday.

Powell to warn Washington lawmakers that the reasons for the current increase in inflation might last longer than expected.

In a speech that he will provide to the Senate Banking Committee, the reserve bank chair stated financial development has actually “continued to reinforce” however has actually been consulted with upward cost pressures brought on by supply chain traffic jams and other elements.

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Fed Chair Powell and Treasury Secretary Yellen affirm prior to Congress on CARES Act– 9/28/21