Video

Watch live: Powell testifies before House after keeping interest rates steady 

Federal Reserve Chair Jerome Powell announces that interest rates will remain unchanged during a news conference at the Federal Reserves’s William McChesney Martin building on June 12, 2024, in Washington, D.C.

Federal Reserve Chair Jerome Powell is slated to testify Wednesday before the House Committee on financial services to discuss the federal reserve’s semi-annual budget report.

The event is scheduled to begin at 10 a.m. EDT.

Watch the video above.