NEW YORK, June 22 — Wall Street stocks edged lower early today as markets await a hearing with the Federal Reserve chair, amid debate on inflation and infrastructure spending.
Federal Reserve Chair Jerome Powell described the US economy as in the midst of a “sustained improvement,” but still in need of policy support in prepared remarks ahead of a House hearing later today.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: