LIVE: Fed Chair Jerome Powell Testifies Before Congress | US Fed Market | US Monetary Policy | IN18L
Автор: CNBC-TV18
Загружено: 2024-03-06
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LIVE: Fed Chair Jerome Powell Testifies Before Congress | US Fed Market | US Monetary Policy | CNBC TV18
Fed Chair Jerome Powell heads to Capitol Hill on Wednesday with markets intent on getting more clarity about how the central bank plans on proceeding with monetary policy this year.
The past several months have seen a changing dynamic between financial markets and the Fed over the pace and timing of expected interest rate cuts this year. Markets have had to adjust their collective view from a highly accommodative central bank to one that’s more cautious and deliberate.
With his congressionally mandated testimony coming before the House on Wednesday and the Senate on Thursday, Powell will be tasked with providing a sharper view — and not rocking the boat for a nervous Wall Street.
#JeromePowell #USDFed#USMonetaryPolicy #USSenate #LiveNews #CNBCTV18
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