2018 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

Fed Chair Speech  
Released On 3/1/2018 10:00:00 AM For 3/1/2018 10:00:00 AM

Federal Reserve Chairman Jerome Powell to deliver the semiannual monetary policy testimony before the Senate Banking Committee in Washington.

If Tuesday's appearance on Capitol Hill underscored Jerome Powell's confidence in economic strength, today's appearance is stressing his confidence that strength isn't too hot. Testifying before the Senate Banking Committee, Powell assured lawmakers that the economy is not overheating and that "nothing suggests" wage inflation is approaching a flashpoint. The new Fed chief repeated the outlook for a gradual path of rising rates.

powered by  [Econoday]