Federal Reserve's Powell: High inflation 'exacts a toll'
Headline from WHEC Rochester
Central bankers will act to keep rapid price gains from becoming permanent, Mr. Powell, the chair of the Federal Reserve, will say during a renomination hearing.
New York Times's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
WASHINGTON (AP) -- High inflation is taking a toll on American families, Federal Reserve Chair Jerome Powell acknowledged in remarks to be delivered at a
Jerome Powell is expected to sail through the confirmation process to lead the Federal Reserve for another four years with broad bipartisan support, but that didn't stop lawmakers from tearing into the central banker over everything from soaring inflation to a string of trading scandals at the centr…
Federal Reserve Chairman Jerome Powell will be in the hot seat on Capitol Hill Tuesday, as he testifies before the Senate Banking Committee in his renomination
Federal Reserve Chairman Jerome Powell told lawmakers Tuesday that the central bank is “strongly committed” to keeping prices stable, as he seeks confirmation for a second four-year term.
Central bankers will act to keep rapid price gains from becoming permanent, Mr. Powell, the chair of the Federal Reserve, will say during a renomination hearing.
Federal Reserve chairman Jerome Powell appeared before the Senate Banking Committee, which is considering his nomination for a second term. The central bank is under pressure to confront inflation.
Federal Reserve Chairman Jerome Powell is expected to get grilled about inflation and interest rates, among other topics, during his nomination hearing on Capitol Hill.
By Matt Egan Federal Reserve Chairman Jerome Powell is pledging not to allow inflation to become ingrained in the American economy, according to prepared remarks released on Monday. “We know that high inflation exacts a toll, particularly for those less able to meet the higher costs of essentials li…
Federal Reserve Chairman Jerome Powell will tell lawmakers Tuesday that the central bank is “strongly committed” to keeping prices stable, as he seeks confirmation for a second four-year term.
Powell spoke on Tuesday before the Senate Banking Committee, which will decide whether to confirm him for a second four-year term as Federal Reserve chair.
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