Fed Chair Powell Faces Congressional Scrutiny Amid Inflation and Earnings Reports
TL;DR Summary
Federal Reserve Chair Jerome Powell is set to testify before Congress to explain the decision to hold interest rates steady until at least September, amidst ongoing geopolitical tensions and economic data indicating a stable inflation rate, with some policymakers considering a rate cut in July.
Topics:business#congressional-hearing#federal-reserve#finance#interest-rates#jerome-powell#us-economy
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