Thank you, the Housing Affairs committee will come to order. General powell, after your Opening Statement and you want to give it again, you can certainly do that. The fed has immense power in shaping the economy, your report is clear, stable prices and employment. The cost of living is too expensive for americans. The fed has one tool to fight the high prices, Interest Rates. That tool does nothing to takes the real cause. Corporations price gouging to boost profits and make their shareholders richer. Higher Interest Rates dont force corporations to lower their prices but high Interest Rates are raising housing costs, hindering wage growth, stifling Small Businesses, we all know that. Now is the time for the fed to decide whether it will make good to their commitments to workers and families by lowering Interest Rates and protecting our Financial System from wall street executives who have used their wealth and power to influence Economic Policy and avoid accountability. Keeping rates
Thank you, the Housing Affairs committee will come to order. General powell, after your Opening Statement and you want to give it again, you can certainly do that. The fed has immense power in shaping the economy, your report is clear, stable prices and employment. The cost of living is too expensive for americans. The fed has one tool to fight the high prices, Interest Rates. That tool does nothing to takes the real cause. Corporations price gouging to boost profits and make their shareholders richer. Higher Interest Rates dont force corporations to lower their prices but high Interest Rates are raising housing costs, hindering wage growth, stifling Small Businesses, we all know that. Now is the time for the fed to decide whether it will make good to their commitments to workers and families by lowering Interest Rates and protecting our Financial System from wall street executives who have used their wealth and power to influence Economic Policy and avoid accountability. Keeping rates
Public service, along with these other television providers, giving you a front row seat to democracy. Federal reserve board chair Jerome Powell outline the Central Banks Monetary Policy before the Senate Banking housing and urban Affairs Committee. He also talked about the state of the u. S. Economy, inflation, Interest Rates, and bank Capital Requirements. This is to 15. Thank you, hows urban Affairs Committee will come to order. Give it again, you can certainly do that. The fed has immense power in shaping our economy. Your job is clear. Promote stable prices and maximum employment. Today, the cost of living is still far too expensive for most americans. The fed has only one tool available to fight those high prices. Interest rates. That tool does nothing to address the real cost, the real cause for why costs remain too high. Corporations price gouging to boost profits and make their shareholders richer. High rates dont force higher Interest Rates dont force corporations to lower th
Expected employment data. There is serious catch. There were other economic reportings that were huge misses. Stocks under pressure. As you heard earnings from amazon but not just amazon. Semiconductors have led the way. Supermicro computer has led the way. Nvidia is up 200 . This stock up 700 the last year. Well obviously preview the fomc meeting, a special guest says jay powell is hapless and dissatisfactory. Investing lessons from the movie the naked gown. Why have College Protests been allowed to get out of control. Why americans are real influencers. Not just peddling stuff on social media but dictating the control of our own lives. All that and so much more on making money. Charles all right, so earnings season stock market leadership was supposed to sway away from the magnificent seven to all the other names. Now there are names in tech, but even outside of tech but after stumbling for most of the month, folks, we can see now, well the magnificent seven, most of these behemoths
Thank you, the Housing Affairs committee will come to order. General powell, after your Opening Statement and you want to give it again, you can certainly do that. The fed has immense power in shaping the economy, your report is clear, stable prices and employment. The cost of living is too expensive for americans. The fed has one tool to fight the high prices, Interest Rates. That tool does nothing to takes the real cause. Corporations price gouging to boost profits and make their shareholders richer. Higher Interest Rates dont force corporations to lower their prices but high Interest Rates are raising housing costs, hindering wage growth, stifling Small Businesses, we all know that. Now is the time for the fed to decide whether it will make good to their commitments to workers and families by lowering Interest Rates and protecting our Financial System from wall street executives who have used their wealth and power to influence Economic Policy and avoid accountability. Keeping rates