Is tonight a turning point for Aunt Big Pancake???
Powell will once again storm Capitol Hill, will he continue to "play Tai Chi" tonight?
Powell remained tight-lipped yesterday about the possibility of lowering interest rates soon, only not ruling out any possibilities. Can the senators tonight extract more policy clues from him?
Federal Reserve Chairman Powell had ample opportunities on Tuesday to clearly indicate to congressional members that the Fed would lower interest rates soon, but he missed all of them. On Wednesday, Powell will continue to testify before the Senate Banking Committee.