Federal Reserve chairman Jerome Powell will deliver a semiannual testimony to the House Financial Services Committee on Wednesday morning. The Fed could start cutting interest rates this year from their 23-year high of about 5.4% as inflation has fallen in recent months. CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER Powell will address the […]
Federal Reserve chairman Jerome Powell will deliver a semiannual testimony to the House Financial Services Committee on Wednesday morning.
The Fed could start cutting interest rates this year from their 23-year high of about 5.4% as inflation has fallen in recent months.
CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER
Powell will address the House committee at 10 a.m. Eastern time and will deliver remarks to the Senate Banking Committee on Thursday.
