United States Senate Committee On Banking, Housing, And Urban Affairs - Bio, News, Photos - Washington Times
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Topic - United States Senate Committee On Banking, Housing, And Urban Affairs

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Wells Fargo Chief Executive Officer John Stumpf testifies on Capitol Hill in Washington, Tuesday, Sept. 20, 2016, before Senate Banking Committee. Stumpf was called before the committee for betraying customers' trust in a scandal over allegations that employees opened millions of unauthorized accounts to meet aggressive sales targets. (AP Photo/Susan Walsh)

Quotations

"You don't want to get behind the curve and let inflation drop below 2%," Powell said Wednesday before the Senate Banking Committee, the second of two days of testimony.

One reason for a Fed cut: Powell now fears too-low inflation →

"Our policies reflect the strong performance of the economy and are intended to help make sure that this trend continues," Powell said before the Senate Banking Committee.

Powell says strong economy will keep rate hikes coming →