Watch Fed Chair Jerome Powell testify live before the House financial services panel
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Federal Reserve Chair Jerome Powell is set to testify before the U.S. House Financial Services Committee on Wednesday. This comes after Powell appeared before the Senate Committee on Banking, Housing and Urban Affairs on Tuesday, where he acknowledged the two-sided risk of rising unemployment and inflation above the 2% target. Investors will be listening for hints about when the Fed might begin to cut rates, with a meeting later this month. Representatives may also ask about the Fed's oversight of banks and the potential risks of commercial real estate to regional lenders.
#JeromePowell #FederalReserve #HouseFinancialServicesCommittee #SenateCommitteeOnBanking,HousingAndUrbanAffairs #InterestRates #Unemployment #Inflation #CommercialRealEstate #Banks
https://www.cnbc.com/2024/07/10/watch-fed-chair-powell-testify-live-before-house-financial-panel.html
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