Fed Chair Powell hearing exchange over IOER policy
House Financial Services Committee Chairman Jeb Hensarling of Texas asks Federal Reserve Chairman Jerome Powell at an oversight hearing about an expectation that interest rate on excess reserves would continue to be a fire extinguisher behind the glass to break out, Powell answering there was no decision in the longer run but the current approach had worked very well and the market seemed to understand.
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Restrictions:
Editorial Use only. May not be used as partisan political campaign material to promote or oppose the candidacy of any person for elective public office, and may not be used to distort the objects and purposes of the hearing or cast discredit or dishonor any member of the House or bring the House or any Member into disrepute. Contact your local office for all commercial or promotional uses.
Credit:
Editorial #:
925396170
Collection:
FedNet
Date created:
February 27, 2018
Upload date:
License type:
Rights-ready
Release info:
Not released.ÌýMore information
Clip length:
00:01:06:02
Location:
Washington, DC, United States
Mastered to:
QuickTime 8-bit H.264 HD 1280x720 30p
Source:
FedNet
Object name:
hfi022718f.mov
- Answering,
- Approaching,
- Asking,
- Central Bank,
- Color Image,
- Crisis,
- Decisions,
- Economy,
- Excess,
- Failure,
- Federal Reserve,
- Film - Moving Image,
- Finance,
- Finance and Economy,
- Fire Extinguisher,
- Gulf Coast States,
- HD Format,
- Hair Length,
- House Of Representatives,
- International Landmark,
- Jeb Hensarling,
- Jerome H. Powell,
- Learning,
- Monetary Policy,
- Politics,
- Politics and Government,
- Raw Footage,
- Real Time Video,
- Stock Market and Exchange,
- Texas,
- USA,
- United States Congress,
- Video with Sound,
- Wall Street - Lower Manhattan,
- Washington DC,