Powell’s Hearing Hits the CPI— the Fed Faces Its Most Critical 90 Minutes

After the U.S. June CPI is released, Fed Chair Powell immediately appears at a congressional hearing. This tight overlap in timing leaves markets with almost no buffer time. If CPI comes in above expectations, will Powell continue to hold to a hawkish stance? If CPI comes in below expectations, will he release rate-cut signals? Either could instantly change how markets judge the path of future interest rates. Markets are especially focused on his latest remarks on inflation, employment, and economic growth, because any shift in wording could affect the trends in the U.S. dollar, U.S. Treasuries, U.S. stocks, and the crypto market. The biggest significance of this hearing is not to unveil new policy, but to help investors recalibrate their expectations for monetary policy over the next few months. For financial markets, this is not just a hearing—it’s a contest over market pricing power. In the next few days, whether it’s gold, crude oil, or Bitcoin, prices could continue to oscillate around Powell’s remarks. Investors need to pay attention not only to the data itself, but also to how the Fed interprets it. #沃什听证会撞上CPI