Federal Reserve Chair Jerome Powell's Testimony and Market Expectations Take Center Stage
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#82b698e3 ver:0.19
Federal Reserve Chair Jerome Powell's testimony on monetary policy and inflation is highly anticipated. Recent data shows softer economic growth and higher unemployment rates, prompting questions about the Fed's hesitation to lower borrowing costs. Powell may face criticism for the Fed's ethics policies. The US dollar index could fall further with a dovish message from Powell, while the S&P500 and Nasdaq 100 hit fresh records. Q2 GDP growth forecast is lower than expected. #Fed #Powell #inflation #monetarypolicy #economy...
#newstr #FederalReserve #JeromePowell #Inflation #InterestRates #LaborMarket #BorrowingCosts #ConsumerPriceIndex #JoblessRate #MonetaryPolicy #UsDollar #S&p500 #Nasdaq100 #GdpGrowth
https://here.news/story/82b698e3?ver=0.19