Fed Chair Powell: Fed needs to prevent one-time price increases from becoming ongoing inflation

Fed Chair Jay Pal is out with some comments on the economy. This happened just moments ago and our Steve Leeman joins us right now with more. Steve, Becky, thank you.Fed Chair Jay Powell in testimony before Congress today will maintain his views on the economy uh policy and tariffs in his uh press conference last week saying the Fed is well positioned to learn more about the course of the economy before adjusting policy. The Fed, he says, needs to prevent a one-time price increase from tariffs from becoming ...