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High volatility expected 🔴
On Tuesday, February 11, 2025, Federal Reserve Chair Jerome Powell will testify before Congress, presenting the semiannual monetary policy report to the Senate Banking Committee at 10:00 AM ET. This will be Powell's first appearance before Congress since July 2024.
During the testimony, Powell is expected to discuss the latest economic developments, including inflation trends, employment data, and the Fed's monetary policy. Investors and market participants will closely follow his remarks for insights into the Fed's future policy direction, particularly regarding interest rates and inflation control measures.
The testimony will be broadcast live on the Senate Banking Committee’s website for those interested in following it.
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