Central bank chief vows to ‘focus on the data’ rather than get dragged into political debates
Stocks traded lower on Tuesday as investors digested cautious commentary from Federal Reserve Chairman Jerome Powell on interest rates.
Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.
Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.
Stocks traded lower on Tuesday as investors digested cautious commentary from Federal Reserve Chairman Jerome Powell on interest rates.
Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.