Republican Congressman Hill: Discussions Ongoing with Fed on Powell's Semiannual Testimony Date

Discussions Underway on Powell's Testimony Date

According to Republican Congressman Hill, negotiations are currently taking place between the Federal Reserve and the House of Representatives regarding the schedule for Chair Jerome Powell's semiannual testimony.

This coordination typically precedes the release of the Fed's monetary policy report and serves as a key mechanism for congressional oversight.

Significance of the Testimony

Powell's appearances before Congress are closely watched for signals on:

• Monetary policy positioning
• Future economic outlook
• Responses to inflation and employment trends

Details of the finalized schedule are expected to emerge in the coming days, drawing significant attention from both policymakers and market participants.