Free Trial

Chair Powell gives Semi-Annual congressional....>

FED
FED: Chair Powell gives Semi-Annual congressional testimony at 1000ET (haven't
heard that we'll get text earlier than that). The market impact of these events
tends to be muted, especially so this time since we heard from Powell
extensively at last week's FOMC presser (and he's already appeared recently
before Congressional questioners, alongside Tsy Sec Mnuchin).
- Potentially more interesting is Vice Chair Clarida speaking on the Econ/Policy
outlook at Foreign Policy Association (text 1600ET, speech delivered at 1800ET).
- Link to Powell: 
https://www.banking.senate.gov/hearings/06/08/2020/the-semiannual-monetary-polic
y-report-to-the-congress

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.