Governing Council was out for August, but tomorrow — on Wednesday, September 4 — they’ll be back for the third-last interest rate announcement...
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Maroc - FINANCIALMIRROR.COM - A La Une - 10/Jul 08:45
All eyes on Day 2 of Powell testimony
Major currency pairs continue to trade in familiar ranges midweek as investors’ search for the next catalyst continues. Later in the day, Fed Chairman Jerome Powell will deliver the Semi-Annual Monetary Policy Report and respond to questions before the House Financial Services Committee in the second day of his Congressional testimony. Several other Fed policymakers will also be delivering speeches during the American trading hours. In his prepared remarks, Powell told the Senate Banking Committee on Tuesday that more good data would strengthen their confidence on inflation, repeating that it will not be appropriate to reduce the policy rate until
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