Fed Chair Powell speaks on Capitol Hill this week with politics front and center

Fed Chair Powell speaks on Capitol Hill this week with politics front and center


Key Points
  • Federal Reserve Chair Jerome Powell heads to Capitol Hill this week, with testimony to Congress kicking off Tuesday morning as Powell presents the Fed’s monetary policy report.
  • Multiple White House officials have cranked up the heat on Powell to start lowering rates, and he’s now faced with two key Fed officials who have spoken out to say they could favor a cut in July.



Source

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