Fed Chair Powell continues testimony as S&P 500 looks to build on record highs: Yahoo Finance

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House Financial Services Committee Nyheter

Capitol Hill,Jerome Powell,Inflationary Pressures

Federal Reserve Chair Jerome Powell is back on Capitol Hill to testify before the House Financial Services Committee on US monetary policy. As the economy...

Federal Reserve Chair Jerome Powell is back on Capitol Hill to testify before the House Financial Services Committee on US monetary policy. As the economy continues to wrestle with inflationary pressures, all eyes are on Thursday’s Consumer Price Index report. The Fed is looking for more signs of economic cooling before initiating its first interest rate cut of the year. Meanwhile, the tech sector continues to push the S&P 500 to record highs.

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Fed Chair Powell stresses data dependency, Boeing Q2 deliveries slip: Yahoo FinanceWall Street is keeping an eye on Washington, where Federal Reserve Chair Jerome Powell is giving his semiannual policy report to Congress. Monetary policy is...
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