LIVE: Federal Reserve Chair Jerome Powell testifies before Congress
Vložit
- čas přidán 9. 07. 2024
- U.S. Federal Reserve Chair Jerome Powell testifies to the House Financial Services Committee on the second of two days of semi-annual testimony to Congress. The Federal Reserve faces a cooling job market as well as persistently high prices, Powell said in testimony on Tuesday to Congress.
#federalreserve #jeromepowell #news
Fed Chair Powell just testified before the House, and the stock prices plummeted. It's incredible how much influence one person can have over the entire economy. As the head of the Federal Reserve, Powell's words can send shockwaves through the market
Absolutely, his testimony can affect interest rates, inflation expectations, and overall market confidence. If the market perceives his statements as negative or indicating tougher times ahead, it reacts almost instantly.
Desiree Ruth Hoffman? I've heard a lot about her recently. People say she has an uncanny ability to predict market movements. With everything going on, it's reassuring to have someone who can give you a heads-up on what's to come.
Yeah, she’s been fantastic for my investments too. When Powell's testimony today hinted at a possible economic slowdown, she had already positioned my assets in more defensive stocks and bonds. It's about being proactive rather than reactive.
It’s not just about reacting to the market; it’s about being prepared for different scenarios. A financial advisor like Desiree can provide that foresight. When Powell speaks, he’s essentially providing a roadmap for where the Fed thinks the economy is heading. Understanding and acting on that information can make all the difference in your financial health.
And it’s not just about avoiding losses. It’s about capitalizing on opportunities. Desiree helped me invest in sectors that benefit from lower interest rates right after Powell hinted at future cuts. Those investments have done exceptionally well.
Maranatha🙏
As if a president creates a job. Are people that clueless to believe that nonsense?
Economy is collapsing- not surging!
Alcorn Administration
😢😢😢😢😢😢😢😢😢😢😢
Powell for prison.
BULL ****. Who are you trying to kid??!!?
HE KNOVS VİTH OUT ME CHİLDS NO BURNS
OUR REPUBLİCS COMES AND ENGLAND EYES HE İSSSSSS BY MOTHERS ENGLAND EYES OPENNİNGS HE İS LOOKİNGS DİFFİRENTS
Sends VİLL SOLDİERS OKKKKKK CONTROL VİLL VORLDS