Watch: Federal Reserve chair Jerome Powell testifies before Senate committee

Mary-Kate Findon
Tuesday 07 March 2023 15:21 GMT
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The Federal Reserve chair has delivered the semiannual monetary policy testimony before the Senate Banking Committee.

This feed shows the scene inside the US Senate as Jerome Powell makes his address on Tuesday, 7 March.

It was expected that Mr Powell would set out to persuade legislators that he is committed to bringing down inflation without negatively impacting the economy,

He is seeking to ease recent economic turmoil in the market as he bids to reassure industry during his Congress speech.

Democrats have expressed concern that the Fed could be risking those in the lower income bracket through its efforts to tackle inflation.

Mr Powell is also expected to appear before the House Financial Services Committee on Wednesday.

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