Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, is testifying before the Joint Economic Committee of Congress with key quotes, via Reuters, found below. “It is a bit of a puzzle why there has not been more of an uptick in wages.” “The new normal is lower interest rates, inflation and economic growth.” “The Fed is still very much looking at what happened in the repo market in September.” “The Fed thinks it has repo market issues under control.” “The US faces longer-term issues, including labor force participation and productivity.” “Immigration is a key input into the longer term growth rate of the United States.” “The fact that interest rates are lower, does not mean US government can ignore deficits.” “There is a need to reduce US deficit.” “Uncertainty around future trade policy has been weighing on business sentiment and investment.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Dollar Index technical analysis: DXY clinging to November highs as Fed’s Powell testifies FX Street 3 years Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, is testifying before the Joint Economic Committee of Congress with key quotes, via Reuters, found below. "It is a bit of a puzzle why there has not been more of an uptick in wages." "The new normal is lower interest rates, inflation and economic growth." "The Fed is still very much looking at what happened in the repo market in September." "The Fed thinks it has repo market issues under control." "The US faces longer-term issues, including labor force participation and productivity." "Immigration is a key input… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
