Fed Chair Powell in congressional hot seat as sticky inflation squeezes Americans

Federal Reserve Chairman Jerome Powell will be in the spotlight on Capitol Hill this week as he faces scrutiny over the central bank's Herculean task: Fight inflation with the sharpest interest rate increases since the 1980s without tipping the U.S. economy into a recession. Powell is slated to…#federalreserve #jeromepowell #capitolhill #herculean #labordepartment #cmegroup #fedwatchtool #atlantafed #raphaelbostic #republicans

Source: Reuters: Health - March 7, 2023 Category: Consumer Health News Source Type: news