Watch Fed Chair Powell testify live before House Covid panel

. The appearance is congressionally mandated from the authority provided to the Fed and Treasury Department at the onset of the Covid-19 pandemic., Powell cited strong economic improvement and said inflation had increased "notably" but likely will fade over time.

"Widespread vaccinations have joined unprecedented monetary and fiscal policy actions in providing strong support to the recovery," he said. "Indicators of economic activity and employment have continued to strengthen, and real GDP this year appears to be on track to post its fastest rate of increase in decades Much of this rapid growth reflects the continued bounce back in activity from depressed levels.

People can't afford homes anymore thats the main issue!

Does this include 20 yoy house price increases? I can't think of a better way to be 'inclusive' federalreserve SecYellen

I heard Supreme court said its constitutional for JoeBiden to help black farmers meet the gap. First of all if the supreme court had black representation as the USA Olympics team things would be different. BarackObama SpeakerPelosi alifarhat79

U mean Blacks? 12% of US. The ones who contribute to the huge increase in Black murders by guns. Is this who you mean?

Stop printing the $.

- proceeds to pump a $120B a month into assets owned by the wealthy 🤡

Please stop printing money federalreserve stlouisfed DallasFed NewYorkFed PhilFedResearch BostonFed philadelphiafed AtlantaFed SecYellen

At some point, people gotta start thinking that The Fed has malicious intents...

MSCNBC. This is the epitome of a headline That wants to fool people about what Jerome Powell actually said. Before the pandemic “economic disparities “were at the lowest level in recorded economic history in the United States.

The opportunity is there, but not everyone is capable of being responsible thus find themselves at the bottom

In other words, we won’t stop supporting the 10% anytime soon.

As he works to hide inflation of prices hurting minorities encouraged by banks to open savings accounts in cash.

MeidasJeremy19 Slight correction. The people have allowed the wealthy to hoard unlimited amount of wealth. We demand they either start giving it back, have it taken away and redistributed, pay their fair share of taxes to provide needed services. It's not up to them to decide.

Inflation, Powell. Focus. Inflation.

Stop printing money

Then stop making the rich richer with stimulus directly targeted for asset inflation.

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