Fed Chair Powell to testify to Congress next Tuesday

[Nimitz]

Federal Reserve Chairman Jerome Powell will testify before Congress next week, the first time he has answered lawmakers’ questions since July, the central bank announced Thursday.

Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial Services panel on the following day.

The Fed cut rates by 100 basis points in three meetings prior to the end of last year. In January, the Fed voted to hold rates steady in a range of 4.25%-4.5%.

[lostsoul]

Federal Reserve Chairman Jerome Powell will testify before Congress next week, the first time he has answered lawmakers’ questions since July, the central bank announced Thursday.

Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial Services panel on the following day.

The Fed cut rates by 100 basis points in three meetings prior to the end of last year. In January, the Fed voted to hold rates steady in a range of 4.25%-4.5%.

有没有说是什么主题？让他接着 cut？

[牛大春]

Federal Reserve Chairman Jerome Powell will testify before Congress next week, the first time he has answered lawmakers’ questions since July, the central bank announced Thursday.

Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial Services panel on the following day.

The Fed cut rates by 100 basis points in three meetings prior to the end of last year. In January, the Fed voted to hold rates steady in a range of 4.25%-4.5%.

有没有说是什么主题？让他接着 cut？

肯定是施压降息啊。就看老鲍会不会来点毒舌了。