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Federal Reserve Board Chair Jerome Powell speaks during a luncheon at the 2022 NABE Economic Policy Conference. Samuel Corum/Getty Images
Jun 23, 2022
Jun 23, 2022
Inflation and recession loom over Fed Chair Powell’s trip to Congress
Fed Chair Jerome Powell told the Senate Banking Committee on Wednesday that recession is possible, and he's expected to testify before the House Financial Services Committee today as part of his twice-a-year report to Congress on monetary policy. The Oscar-nominated documentary "Ascension" examines the concept of the Chinese dream through the lens of several people woven into its shifting economy. China correspondent Jennifer Pak discusses how Chinese society is actively manifesting that dream.
Federal Reserve Board Chair Jerome Powell speaks during a luncheon at the 2022 NABE Economic Policy Conference. Samuel Corum/Getty Images
Fed Chair Jerome Powell told the Senate Banking Committee on Wednesday that recession is possible, and he's expected to testify before the House Financial Services Committee today as part of his twice-a-year report to Congress on monetary policy. The Oscar-nominated documentary "Ascension" examines the concept of the Chinese dream through the lens of several people woven into its shifting economy. China correspondent Jennifer Pak discusses how Chinese society is actively manifesting that dream.