Category: JPow
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Daily FX Market Review: JPow Reports Inflation Progress, Eyes Future Rate Cuts
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Federal Reserve Chairman Jerome Powell (“JP Powell”) Mr. Trump began two days of testimony in both chambers of Congress: the Senate Banking, Housing and Urban Affairs Committee today and the House Financial Services Committee tomorrow. In the United States, the Chairman of the Federal Reserve must report to Congress twice…
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Daily FX Market Review: JPow Says Nothing Hawkish So Dollar Falls
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Today’s interesting news in Forex came from Portugal. Speaking at a panel discussion at the European Central Bank’s monetary policy conference in Sintra, Portugal, Federal Reserve Chairman Jerome Powell said: He expressed his satisfaction with the progress made in the area of inflation. But he stressed that he wanted to…