Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on July 26, 2023 at the Federal Reserve in Washington, DC. The Federal Reserve announced that it will raise the interest rate by a quarter of a percentage point, bringing the benchmark borrowing rate to a range of 5.25% and 5.5%.
Federal Reserve Board Chair Jerome Powell arrives to testify before the Senate Committee on Banking, Housing, and Urban Affairs on 'The Semiannual Monetary Policy Report to the Congress', at Capitol Hill in Washington on Tuesday, July 17, 2018.
