Fed Chair Powell testifies before Senate banking panel on state of the U.S. economy

From youtube.com/cnbctelevision

Federal Reserve Chair Jerome Powell is back Wednesday on Capitol Hill, this time speaking to the Senate banking committee as part of his semiannual monetary policy testimony. In his remarks Tuesday before the House Financial Services Committee, the central bank leader asserted that the Fed is "well positioned to wait" on interest rate policy as it watches the impact that tariffs will have on inflation.