Market Alert: Volatility Expected as Fed Chair Powell Prepares
for Congressional Testimony đ´
On Tuesday, February 11, 2025, Federal Reserve Chair Jerome Powell is set to deliver his semiannual monetary policy report before the Senate Banking Committee at 10:00 AM ET. This will mark Powellâs first congressional appearance since July 2024, making it a crucial event for financial markets.
Powellâs testimony is expected to provide key insights into the state of the economy, covering topics such as inflation trends, employment figures, and the Federal Reserveâs monetary policy strategy. With market participants eagerly anticipating guidance on interest rates and inflation control measures, his remarks could significantly impact market sentiment, influencing stocks, bonds, and the crypto sector alike.
Given the potential implications of Powellâs statements, heightened market volatility is expected. Investors will closely monitor his tone and outlook for clues on the Fedâs next moves. The hearing will be streamed live on the Senate Banking Committeeâs official website for those who want to stay updated in real time.