His Capitol Hill tour continues Wednesday before the House Financial Services CommitteeInvestors were watching closely Tuesday as Federal Reserve Chairman Jerome Powell spoke to the House Financial Services Committee.
Markets are looking for observations on the future path of interest rates and the central bank leader's views on the recent rise in bond yields. Powell's presentation will start with prepared remarks, followed by a Q&A session with committee members. The appearance is part of the congressionally mandated semiannual report on monetary policy.
These insane monetary policies is bringing back debate between Keynes and Hayek. This YouTube video just makes it so easy to comprehend.
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