3/07 - The chairman's speech
This morning Federal Reserve Chairman Powell testified in front of the Senate Banking Committee to discuss the fed\u2019s current and future monetary policy to combat inflation. There were numerous take aways from Mr. Powell\u2019s testimony. Wall Street\u2019s interpretation is more rate increases for longer. We\u2019ll share with you details of the chairman\u2019s speech and its impact on your money, tonight on the Jon Sanchez Show at 5pm.