Federal Reserve Chair Jerome Powell to Testify Before Senate Banking Committee on Monetary Policy Amid Calls for Rate Cuts
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#82b698e3 ver:0.12
Federal Reserve Chair Jerome Powell will testify before the Senate Banking Committee on July 9th to discuss monetary policy. Calls for rate cuts have been made by lawmakers concerned about the economic impact of high interest rates. The Fed's decision to keep rates high has widened the gap with Europe, potentially strengthening the dollar. Senators Elizabeth Warren, Jacky Rosen, and John Hickenlooper are urging the Fed to lower rates to alleviate financial strain and stimulate economic growth. Powell may also face criticism for the Fed's ethics policies during his testimony. #FederalReserve #MonetaryPolicy #RateCuts...
#newstr #FederalReserve #JeromePowell #SenateBankingCommittee #MonetaryPolicy #InterestRateCuts #Inflation #LaborMarket #HouseFinancialServicesCommittee #EthicsPolicies #InsiderTrading
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