Gold Ten Data news on June 18th, Brown, the chairman of the Senate Banking Committee, said that Fed Chairman Powell is scheduled to testify on monetary policy in the Senate Banking Committee on July 9th, half-yearly. If the schedule proceeds as usual, Powell will deliver the same testimony in the House Financial Services Committee on the second day. Both of these hearings usually last for several hours, and members of both parties question Powell on a range of issues, from interest rate policies to the state of the banking system. It is worth mentioning that the release dates of US non-farm payrolls and CPI data in June are close to this hearing, the former will be released on July 5th and the latter on July 11th.
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Powell's hearing will take place when non-farm payrolls and CPI are announced.
Gold Ten Data news on June 18th, Brown, the chairman of the Senate Banking Committee, said that Fed Chairman Powell is scheduled to testify on monetary policy in the Senate Banking Committee on July 9th, half-yearly. If the schedule proceeds as usual, Powell will deliver the same testimony in the House Financial Services Committee on the second day. Both of these hearings usually last for several hours, and members of both parties question Powell on a range of issues, from interest rate policies to the state of the banking system. It is worth mentioning that the release dates of US non-farm payrolls and CPI data in June are close to this hearing, the former will be released on July 5th and the latter on July 11th.