Fed Chairman Fibs about Price Stability Objects to Private Money

10:34 AM

First published by Money Metals Exchange here: https://www.moneymetals.com/podcasts/2023/06/23/congress-criticizes-fed-chairman-powell-worrying-about-gold-currencies-002763

Welcome to this week's Market Wrap Podcast, I'm Mike Gleason. Hawkish posturing from Jerome Powell is putting downward pressure on precious metals markets. The Federal Reserve chairman testified before Congress this week on the subject of U.S. monetary policy. Powell said persistently high inflation remains a top concern.

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