Powell confirms that the Fed currently has negative income.
03/07/2023
https://congress.gov...
We know that high inflation takes a toll on families, especially those less able to meet the higher costs of essentials, like food, housing ...
it was essential for Congress to act quickly.
The trust of the American people is essential for the Federal Reserve to effectively carry out our important mission.
In my view, the most important thing is to get control of the pandemic.