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Federal Reserve Chairman Powell will be questioned by members of the House of Representatives at 22:00 tonight

Federal Reserve Chairman Powell will be questioned by members of the House of Representatives at 22:00 tonight

CointimeCointime2024/07/10 08:23
By:Cointime

Fed Chairman Powell will face questioning from members of the House of Representatives at 22:00 tonight. In his speech yesterday, Powell did not reveal the timing of a rate cut, but his remarks seemed to have subtly changed. Tonight, whether he will continue to maintain his tight-lipped attitude or provide more clues about a rate cut will be widely watched. The market may experience volatility at that time, and investors should pay attention to related risks.

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