Federal Reserve

Watch Fed Chairman Jerome Powell in his congressional testimony

If you are experiencing issues watching this video, tap here to view it in your browser.

[The stream is slated to start at 10 am, ET. Please refresh the page if you do not see a player above at that time.]

Federal Reserve Chairman Jerome Powell delivers his mandated semiannual report to Congress this week, with the first stop Tuesday at the House Financial Services committee. In addition to delivering a prepared address, Powell will field questions from lawmakers on monetary policy, the economy and banking regulations.

Markets expect the Fed to hike interest rates three times this year, and Powell's remarks seemed to indicate the central bank remains on a tightening path. He also said the economy remains strong.

This is Powell's first speech to Congress since taking over as chairman in early February. He succeeds Janet Yellen, who served one full term but was not reappointed by President Donald Trump.

Powell said he and Yellen have "worked to ensure a smooth leadership transition and provide for continuity in monetary policy."

Read more:

Forget inflation fears — Federated sees earnings as the market story of year
Fed's Quarles says it's been 'quite some time' since the economy looked this good
Fed sees economy past full employment but with only 'moderate' wage gains


Get the best of CNBC in your inbox

Please choose a subscription

Please enter a valid email address
Get these newsletters delivered to your inbox, and more info about about our products and service. Privacy Policy.