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Fed’s Chairman Jerome Powell is scheduled to testify before the Senate Banking Committee today at 14:00GMT. Powell’s opening statement will be followed by a Q&A session.

The Fed has already published the semiannual Monetary Policy Report, which showed that the Committee reaffirmed that the economy was in a good place from a cyclical standpoint and it remained on track to reach their maximum employment and stable prices target. However, in an interview with Marketplace’s Kai Ryssdal on Friday,  Powell voiced his concerns over the Trump administration’s trade policy and markets will be paying close attention to his comments on that matter.

Stay tuned for the live video…

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About Jerome Powell (via

Jerome H. Powell took office as Chairman of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. Mr. Powell also serves as Chairman of the Federal Open Market Committee, the System’s principal monetary policymaking body. Mr. Powell has served as a member of the Board of Governors since taking office on May 25, 2012, to fill an unexpired term. He was reappointed to the Board and sworn in on June 16, 2014, for a term ending January 31, 2028.