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3 things the new Fed chief taught us this week

     
3 things the new Fed chief taught us this week

Federal Reserve Chairman Jerome Powell made an eventful debut on the public stage this week in a litany of hearings and speeches demonstrating glowing optimism about the state of the economy. He said Fed officials will take another look at rate hike projections, and that recent market volatility won’t deter any rate increases.

Powell, who took over as the Fed’s leader after former Chair Janet Yellen left the post last month, made his first appearance before the House Financial Services Committee on Tuesday.

Continue reading 3 things the new Fed chief taught us this week at Movement Mortgage Blog.

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