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Federal Reserve Chair Jerome Powell Testifies Before The House Financial Services Committee

WASHINGTON, DC - MARCH 6: Federal Reserve Bank Chairman Jerome Powell testifies talking about very low interest rates and inflation rates for a long period of time before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill on March 6, 2024 in Washington, DC. Powell testified that the Fed may begin to lower borrowing costs in 2024 but that economists need more confidence that inflation was under control before changing interest rates. "We believe that our policy rate is likely at its peak for this tightening cycle," he wrote in prepared remarks. (Footage by Chip Somodevilla/Getty Images)
WASHINGTON, DC - MARCH 6: Federal Reserve Bank Chairman Jerome Powell testifies talking about very low interest rates and inflation rates for a long period of time before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill on March 6, 2024 in Washington, DC. Powell testified that the Fed may begin to lower borrowing costs in 2024 but that economists need more confidence that inflation was under control before changing interest rates. "We believe that our policy rate is likely at its peak for this tightening cycle," he wrote in prepared remarks. (Footage by Chip Somodevilla/Getty Images)
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DETAILS

Credit:
Chip Somodevilla
Editorial #:
2064576247
Collection:
Getty Images News Video
Date created:
March 06, 2024
Upload date:
License type:
Rights-ready
Release info:
Not released.ÌýMore information
Clip length:
00:01:19:19
Location:
Washington, DC, United States
Mastered to:
MPEG-4 8-bit H.264 4K 3840x2160 29.97p
Source:
Getty Images News Video
Object name:
chipsomodevilla_776116517_030624_05chipsomodevilla