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Fed Chairman Powell to be questioned by lawmakers tonight at 22:00 in the House of Representatives

Bitget2024/07/10 08:30

Fed Chairman Powell will be questioned by members of the House of Representatives tonight at 22:00. In yesterday's speech, Powell did not reveal the timing of the rate cut, but there seems to be a subtle shift in his statement. Tonight, he will be widely watched to see whether he will continue to maintain the attitude of not letting up, or will provide more clues about the rate cut. The market may be volatile at that time, and investors should be aware of the associated risks.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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