U.S. Economy Is 'Well-Positioned' to Handle More Rate Hikes ...
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Federal Reserve Chair Jerome Powell delivers the central bank's semiannual ... Secretary Larry Summers said in a speech over the weekend, ... We'vedetectedyouareonInternetExplorer.ForthebestBarrons.comexperience,pleaseupdatetoamodernbrowser. CHROME SAFARI FIREFOX We'vedetectedyouareonInternetExplorer.ForthebestBarrons.comexperience,pleaseupdatetoamodernbrowser.GoogleFirefoxBarron'sSubscribeNowSignIn Barrons Next: Share Thiscopyisforyourpersonal,non-commercialuseonly.Toorderpresentation-readycopiesfordistributiontoyourcolleagues,clientsorcustomersvisithttp://www.djreprints.com. https://www.barrons.com/articles/fed-jerome-powell-speech-testimony-congress-today-51655864628 TheFederalReserveis“stronglycommitted”tocurbinginflation—andtheU.S.economyisstrongenoughtohandlecominginterestratehikes,ChairmanJeromePowellsaidataSenatehearingonWednesday.“Wearehighlyattentivetoinflationrisksanddeterminedtotakethemeasuresnecessarytorestorepricestability,”Powellsaid.“TheAmericaneconomyisverystrongandwell-positionedtohandletightermonetarypolicy.” Subscribe or SignIn tocontinuereading Close U.S.EconomyIs‘Well-Positioned’toHandleMoreRateHikes,Fed’sPowellSays TheFederalReserveis“stronglycommitted”tocurbinginflation—andtheU. From To Message SEND Anerrorhasoccurred,pleasetryagainlater. Thankyou Thisarticlehasbeensentto Barron'sTopicsCryptocurrenciesDataMagazineMarketsStockPicksMarketBriefVideosBarron'sLiveRoundtableBarron'sStockScreenPersonalFinanceStreetwiseAdvisorDirectoryMembershipsSubscribetoBarron'sSubscribetoBarron'sAdvisorToolsSavedArticlesWatchlistNewslettersVideoCenterCustomerServiceCustomerCenterNetworkTheWallStreetJournalMarketWatchInvestorsBusinessDailyPentaMansionGlobalFinancialNewsLondonNewsstandBuyIssuesReprintsE-EditionForBusinessCorporateSubscriptionsForEducationBarron'sinEducationForAdvertisersPress&MediaInquiriesAdvertisingAccountSignInSubscriberBenefitsManageNotificationsManageAlertsAboutBarron'sLiveEventsCentennialPrivacyNoticeCookieNoticeCopyrightPolicyAccessibilityDataPolicyYourAdChoicesSubscriberAgreement&TermsofUseBarron'sArchiveCopyright©2022DowJones&Company,Inc.AllRightsReserved. Copyright©2022DowJones&Company,Inc.AllRightsReserved Thiscopyisforyourpersonal,non-commercialuseonly.DistributionanduseofthismaterialaregovernedbyourSubscriberAgreementandbycopyrightlaw.Fornon-personaluseortoordermultiplecopies,pleasecontactDowJonesReprintsat1-800-843-0008orvisitwww.djreprints.com.
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