Yellen, Powell to discuss hot US housing market - Bloomberg

Dhwani Mehta FXStreet

Bloomberg News is out with the latest headline, citing that US Treasury Secretary Janet Yellen and Federal Reserve (Fed) Chair Jerome Powell are likely to discuss the hot housing market and its risks with fellow regulators on Friday.

Nothing further is reported on the same. The report comes ahead of Powell’s testimony on the Semi-Annual Monetary Policy Report before the House Financial Services Committee, in Washington DC, on Wednesday.

Market reaction

The US dollar was last seen trading at 92.66, down 0.10% on the day.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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