U.S. Federal Reserve Chair Jerome Powell testifies to the Senate Banking Committee on the first of two days of semi-annual testimony to Congress. Powell’s remarks will be closely watched for any signals of when the Fed may initiate a highly anticipated interest rate cut.
#federalreserve #jeromepowell #senate #uscongress #useconomy #news
Author: Associated Press
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News post in July 9, 2024, 3:04 pm.
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