Fed chairman says strong economy could mean more aggressive rate hikes

Fed Chair Jerome Powell said Tuesday in testimony before Capitol Hill testimony, that the economic outlook remains strong despite weaker than expected inflation and moderate wage growth. While his comments mirror what policymakers have been saying for several months, members of Congress will have the opportunity to question the central banker on the economy and likely a host of other national and global issues in his first public appearance since he succeeded Janet Yellen as chairman of the U.S. central bank.

The FOX Business LIVE BLOG covered the Powell testimony before the House Financial Services Committee in its entirety.