FOMC Chairman Powell testimony before Joint Economic Committee - live stream

Eren Sengezer FXStreet

Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, will be testifying before the Joint Economic Committee of Congress on Wednesday at 16:00 GMT.

According to the prepared remarks that were published earlier in the day, Powell will reiterate that the baseline outlook for the US economy remains favourable and say that the monetary policy is likely to remain appropriate as long as incoming data broadly remains consistent with the Fed's economic outlook.

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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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