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Fed Chair Powell is about to get grilled by Congress. Here’s what markets want to hear
Uncertainty around the economy and the Federal Reserve’s next moves has cast a shadow over Wall Street this month. Fed Chair Jerome Powell has a chance to provide more insight when he testifies before Congress on Wednesday and Thursday. Markets have whipsawed between new highs and precipitous drops as contrasting economic data cause confusion about what the Fed will do next. That market seesaw could continue this week as Powell’s semi-annual congressional testimony provides investors with a rare opportunity to hear the Fed head’s views on a range of topics from inflation to regional bank health. Here’s what ... (full story)
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- Mar 6, 2024 5:02pm Mar 6, 2024 5:02pm
- hayseed
- Joined Nov 2006 | Status: Member | 314 Comments
to trade and code, keep both simple... no call to impress....h
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- David-Roddel
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