US Federal Reserve Chair Jerome Powell Testifies Before Congress on Monetary Policy Outlook
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#82b698e3 ver:0.21

Federal Reserve Chair Jerome Powell testifies before Congress on monetary policy outlook, emphasizing the need for further confirmation of slowing inflation before considering rate cuts. Recent data shows softer economic growth and higher unemployment rates, prompting questions about the Fed's hesitation. CPI data for June is expected to show a modest increase in inflation. Powell's testimony will cover interest-rate policy and the state of the banking system. Investors await inflation data and earnings reports to assess the outlook. #Fed #Inflation #MonetaryPolicy...

#newstr #FederalReserve #JeromePowell #Testimony #Congress #MonetaryPolicy #InflationData #EarningsReports 

 https://here.news/story/82b698e3?ver=0.21