Fed Task Forces Draw Capitol Hill Scrutiny
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Bloomberg's Michael McKee says Federal Reserve Chair Kevin Walsh is likely to use his first Humphrey-Hawkins testimony to emphasize price stability while avoiding firm guidance on future policy moves as lawmakers press him on inflation, the balance sheet and his newly created policy task forces. McKee says investors will also focus on fresh inflation data and whether rising energy prices alter expectations that the Fed holds rates steady or resumes tightening later this year. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect
Tags: Christina Ruffini, David Gura, Donald Trump, Federal Reserve, Inflation, Kevin Warsh, Lisa Mateo, Michael McKee
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