Jerome Powell LIVE | Fed Reserve Chair Testifies Before Senate Banking Committee on US Monetary Policy | US Congress | US Markets | CNBC TV18
US Federal Reserve Chair Jerome Powell testifies to the Senate Banking Committee on the first of two days of semi-annual testimony to Congress. Powell’s remarks will be closely watched for any signals of when the Fed may initiate a highly-anticipated interest rate cut.
Federal Reserve Chair Jerome Powell heads to Capitol Hill to deliver his twice-yearly report on the state of the economy.
Powell is likely to face combative questioning from both sides of the aisle in the Senate Committee on Banking, Housing, and Urban Affairs on Tuesday at 10 a.m. Eastern and the House Committee on Financial Services on Wednesday.
Federal Reserve Chair Jerome Powell heads to Capitol Hill this week to deliver his twice-yearly report on the state of the economy. The back-to-back sessions will likely feature some feisty exchanges, but few details on when the central bank expects to lower interest rates.
With the Fed holding rates steady and the presidential election campaign underway, Powell is likely to face combative questioning from both sides of the aisle in the Senate Committee on Banking, Housing, and Urban Affairs on Tuesday and the House Committee on Financial Services on Wednesday.
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