Federal Reserve Chair Powell testifies before the House committee on monetary policy - 3/6/24

Federal Reserve Chairman Jerome Powell speaks Wednesday morning to the House Financial Services Committee on the semiannual monetary policy report.
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Federal Reserve Chair Powell testifies before the House committee on monetary policy - 3/6/24

[@Angelavaldess]

The CPI report revealed that inflation has dropped to its lowest level in more than two years, and that's great news for both the economy and the stock market. but I don't know if stocks will quickly rebound for a few weeks, I am under pressure to sell my $250k ETF/Growth Stock portfolio.

[@DanielPanuzi]

It's really hard to beat the market as a mere investor. It's just better if you employ the help of a professional understands the market dynamics better.

[@Higuannn]

@@DanielPanuzi Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.

[@Higuannn]

Very true. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately $950k that same year. In reality, all I was doing was getting professional advice.

[@Higuannn]

@@DanielPanuzi I think the safest strategy is to diversify investments. Like spreading investments across different asset classes, like bonds and real estate can reduce the impact of a market meltdown or better still consult a market expert for help.

[@ericmendels]

@@Higuannn Been getting suggestions to use an advisor for sometime now, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?

[@metamoney7657]

Ms waters has no idea what she is talking about.

[@TheGichnni]

None of these snake oil salesmen knows what they're talking about. It's unbelievable how these people got elected into power in the first place. But sure, Waters and Tlaib definitely won the price for best mouth diarrhea here. Very painful to listen to some of these people.

[@boikanyomashau418]

“I’ve seen with my own eyes” Jerome Powell, translation ‘trust me bro’ 😂

[@eurusd-forex]

Man of the Year, Jeromy Powerll

[@GoredrinkerRS]

1:14:15 HAHAHA IM DYING OF LAUGHTER WATCHING JEROMES BODY LANGUAGE

[@chads9776]

She’s so aggressive for no reason lol

[@smitgadara9943]

Buy silver

[@user-lj6do3ri1z]

Tks a lot

[@tonylinardi3089]

"Wages have not caught up to the higher prices" What about retired seniors on a fixed income and low income families? What are they supposed to do?

[@angelicfurry301]

They could care less as the companies who sell goods and services could care less

[@blablableep6811]

2:31:00 Guess house prices will soar more when those interest rates are dropped

[@Freedo1234]

Fed loss 114 billion this year , what ls the conspiracy to keep high interest rate , SPK

[@jaspersilver1055]

Wow. These people have wiped us out. $1 Trillion every 110 days. We all know how this ends .

[@philip443]

Meek is so stupid, he forgot how much debt we accrued

[@user-ph2qg1iz9u]

GROY and AG 🚀🚀🚀🚀

[@Alpharizzchad]

Hello this is the best gig ever. They pay more interest we pay more taxes. And back up the banks with out government money. Its a win win for the banks and government 😅

[@michaelheyn2484]

It's always a win/win for them. That's how they've structured the system.

[@Neighborsteve6371]

The economy needs to take a crap and then a nap. Buy gold like the banks are doing. God bless the USA

[@Pachadaddy]

It’s so insane that we are even considering sending additional funding billions to support these exploitation campaigns abroad. I hope Ukrainians watching take note of how they were reduced down to a factor of inflation in commodities.

[@philip443]

Meek is so stupid, he forgot how much debt we accrued

[@agatsumasaad1314]

they not even looking at them debts at this point the country is doomed

[@butchgordon2944]

Monetary policy isn't the problem. Fiscal policy is.

[@stoneyj1a1]

Maxine Waters is a clueless woman. She reads a script and sounds like she has zero idea about anything regarding the economy. Democrats are like communists.

[@jackrabbitjake]

Just a steady flow of mesmerizing Buuoooooooollllshhhhiiiiiitttt!!!!

[@Neighborsteve6371]

Ask Jerome if the safe harbor addition to the uniform commercial code, article 8 (2005) will allow banks to take customer assets(cash,safety deposit box,stocks,etc) during acquisition(bankruptcy) process? Its already been done.lehman brother and JP Morgan(2009)

[@g-liont5793]

Love or hate the fed, politicians are so stupid

[@agatsumasaad1314]

basically gold is going to hell ?

[@jaspersilver1055]

Listen to the schiff radio cast to get some reality

[@GoredrinkerRS]

No thanks. He's a gold salesman constantly trying to sell gold to his viewers.

[@omegamanxxx]

Yeah, he is always wrong and late to the party. Do the opposite of what he says.

[@m11ody]

راح يخفض الفائدة لو لا

[@floky6285]

ثبتها

[@andrewvisiko5250]

raise rates higher.

[@doug184]

Inflation, it’s not going away in fact it’s going to pop higher. Today it’s just a transitory pause

[@FedtTony]

This time next year people will be worrying about deflation instead

[@angelicfurry301]

Corporate greed is a real thing

[@cryptoqueen7055]

I wonder how much his house is worth? Asking for a friend…

[@m11ody]

غيررر يخفض الفائدة والله شكني

[@shellywhite2145]

What are the best additions to a $500k portfolio to boost performance? btc is Up and will do better in 2024 I believe as indicators for profits continue to improve, investors like me believe that “Santa has come early” to the markets.

[@laurawheeler-zh8gv]

I think you're better off with majority investment in S&P500 and uprising equities cos they always outperform. Alternatively speaking to a certified market strategist can help with pointers on which to acquire

[@shellywhite2145]

wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisr please, if you don’t mind me asking? in dire need of asset allocation

[@laurawheeler-zh8gv]

ashley airagahi is the licensed advisor I use. Just research the name. You'd find necessary details to work with to set up an appointment..

[@shellywhite2145]

Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call.

[@thatradkid]

Wtf is this guy going on about with grain in Ukraine and inflation.

[@philip443]

Meek is so stupid, he forgot how much debt we accrued

[@cap0lot478]

1:16:01😂

[@therighteous802]

Market has been reading through Powell's bs since 2021.

[@ThaBigGuychef]

We’re doomed 😂😂😂 these people lol comedy at its finest . They truly don’t give a shiii not one in that room . See the laughs while we struggle bet their not struggling .

[@jaspersilver1055]

Are kidding me Jerry P . You KNOW THAT EMPLOYMENT IS S JOKE. PEOPLE THST HAD A CAREER OR GOOD JOB HAVE HAD YO PICK IP THREE JOBS TO MAKE ENDS MEET

[@marknapiewocki8372]

I don’t take anything seriously from a bow tie guy. Juvenile look

[@diamondhands1021]

Pump everything

[@JonnyZuccs]

Parties over pal

[@diamondhands1021]

@@JonnyZuccs it’s just the beginning of qe and cuts

[@JonnyZuccs]

@@diamondhands1021 Ah yes everything up forever, until your bag gets chopped in half withing a period of a couple months. You clearly dont have any idea what you are talking about saying its the beginning of QE When QE stopped two years ago. Enjoy the bear market.

[@JonnyZuccs]

@@diamondhands1021 Also i want to add that your position is the reason why im so heavily short right now in major indexes, The disconnect that people think rate cuts are coming sooner and QT will end soon. we are at all time highs and 4 Stocks have made up 60% of the sp500 gains in 2024. good luck with that lol

[@diamondhands1021]

@@JonnyZuccs good luck

[@fawziabayat994]

And when JESUS ( PBUH) will Isreal still be an ally ?

[@nancymik6508]

My stocks are at an all time high - Thank you Joe ❤❤❤❤❤❤let’s goooo!!!!

[@GeeGee4U]

If your stocks are all time high then it’s time to say goodbye to And get out of markets for now. Times will come back to re-enter at lower rates.

[@ljmedia6211]

Inflation does that to stocks

[@mattmcfly2165]

Buy bitcoin

[@CryptoCherryBinance]

Bitcoin to zero soon

[@choiceduty]

adding a zero at some point@@CryptoCherryBinance

[@asdf-dv3zg]

Yes with a 1 before and 6 zeroes after the 1​@@CryptoCherryBinance

[@GoredrinkerRS]

Lol. Do you rly think governments will allow bitcoin to take over their ponzi currencies? No.

[@agatsumasaad1314]

hell fking not@@CryptoCherryBinance

[@juicypickle4777]

Borrringggggggggg