Federal Reserve Chair Jerome Powell weighed in on inflation and the state of the U.S. housing market, saying the underlying housing shortage continues to cause ‘upward pressure on housing prices.’ Powell testified before the House Financial Services Committee on Mar 7, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #fed #federalreserve #jeromepowell #inflation #inflationnews #housing #housingmarket #inflation #2024 #outlook #powell
‘The economic outlook is uncertain, and ongoing progress toward our 2% objective for inflation is not assured,’ says Federal Reserve Chair Jerome Powell. Powell delivered his semi-annual testimony to the House Financial Services Committee on March 6, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #investing #stockmarket #stocks #fed #federalreserve #jeromepowell #powell #federal #reserve #inflation #us #economy #useconomy