Fed Chair Powell Testifies, USD

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Thursday, July 15, 2021, 15:30

Fed Chair Powell Testifies, USD

Federal Reserve Chair Jerome Powell testifies before Congress, providing a broad overview of the economy and monetary policy.

The testimony usually comes in 2 parts: first, he reads a prepared statement, then the committee will hold a question and answer session. Since the questions are unknown beforehand, they can make for some unscripted moments that lead to heavy market volatility.

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