FOMC Chairman Powell testimony before House Financial Services Committee – live stream

Eren Sengezer FXStreet

Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, will be testifying before the House Financial Services Committee on Tuesday at 15:00 GMT.

According to the published remarks earlier in the day, "the Federal Reserve will respond accordingly if developments emerge to cause a material reassessment of the outlook," Powell reiterate.

Fed Chair Powell: Policy likely appropriate, barring material reassessment.

About Jerome Powell (via Federalreserve.gov)

Jerome H. Powell took office as Chairman of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. Mr. Powell also serves as Chairman of the Federal Open Market Committee, the System's principal monetary policymaking body. Mr. Powell has served as a member of the Board of Governors since taking office on May 25, 2012, to fill an unexpired term. He was reappointed to the Board and sworn in on June 16, 2014, for a term ending January 31, 2028.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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