Fed Chair Jerome Powell delivers semiannual testimony to Congress
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- เผยแพร่เมื่อ 20 ส.ค. 2024
- Federal Reserve Chair Jerome Powell returns to Capitol Hill to testify before the House Financial Services Committee on the Fed’s semiannual Monetary Policy Report, which details the state of the US economy.
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Fed Chair Powell just testified before the House, and the stock prices plummeted. It's incredible how much influence one person can have over the entire economy. As the head of the Federal Reserve, Powell's words can send shockwaves through the market.
Absolutely, his testimony can affect interest rates, inflation expectations, and overall market confidence. If the market perceives his statements as negative or indicating tougher times ahead, it reacts almost instantly.
That's why having a good financial advisor is so crucial. They can help you navigate these turbulent times and make informed decisions. I remember last year when Powell hinted at interest rate hikes. My advisor, Desiree Ruth Hoffman, had already warned me and adjusted my portfolio accordingly. It saved me from a lot of potential losses.
Desiree Ruth Hoffman? I've heard a lot about her recently. People say she has an uncanny ability to predict market movements. With everything going on, it's reassuring to have someone who can give you a heads-up on what's to come.
Yeah, she’s been fantastic for my investments too. When Powell's testimony today hinted at a possible economic slowdown, she had already positioned my assets in more defensive stocks and bonds. It's about being proactive rather than reactive.
It’s not just about reacting to the market; it’s about being prepared for different scenarios. A financial advisor like Desiree can provide that foresight. When Powell speaks, he’s essentially providing a roadmap for where the Fed thinks the economy is heading. Understanding and acting on that information can make all the difference in your financial health.
What is Maxine Waters even doing on this panel ... SUCCESS will organically lead to diversity Ma'am.
What is this xai94x?
Wtf is Maxine Waters on
Waters is such a lier
Let's print more money so slum lords can buy more homes.
You have no clue what you’re talking about. Semiconductor industry is international not one country. Qualcomm sales are up, NVIDIA sales are up. Both companies still do business in China. Only certain companies have export bans. Other thing to remember is that international companies in China such as Apple, Samsung and others use international chips with no restrictions.
TSMC in independent country of Taiwan makes more high end chips than SMIC and Huawei combines. 😂
Fab growth in USA is amazing with TSMC, Samsung and others investing in new fabs in USA.
China is in garbage time of history. The war posture of Dictator Xi is hurting all Chinese people. Time for Xi to go and a west friendly leader to emerge.
@@Xiandude88 heyyy I remember u . U ran away when called out on byd cars😂
@@Xiandude88 source ? Proof ?
@@JonySmith-bb4gx proof? Chinese semiconductor companies only make 8 to 9% of total semiconductor output globally. That number hasn’t changed much after billions of Chinese taxpayer dollars injected into Chinese semiconductor companies. China too busy with military build up and threatening Taiwan , Vietnam, Philippines and Japan. 😢
BYD uses USA NVIDIA’s self driving system and Qualcomm’s sensors. USA technology in BYD.
Thou shalt not lend upon usury to thy brother; usury of money, usury of victuals, usury of any thing that is lent upon usury:
This strategy is so simple yet so effective. It's amazing how well it works.