According to analysts at Deutsche Bank, Powell’s testimony before the Joint Economic Committee of Congress at 4pm GMT will garner some attention today. Key Quotes “It would be a surprise if Powell deviates much from his post-FOMC press conference in which he emphasised that the easing done to date has supported the economy and helped offset some of the external risks stemming from slowing growth.” “Our US economists do, however, expect the Chair to stress that, given that the balance of the incoming economic data has largely held in, it would take a “material reassessment” of the outlook for the Committee to consider further rate cuts. The House Intelligence Committee will also hold its first public hearings in their impeachment inquiry of President Trump.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Swiss-based SEBA dives into cryptocurrency business FX Street 3 years According to analysts at Deutsche Bank, Powell's testimony before the Joint Economic Committee of Congress at 4pm GMT will garner some attention today. Key Quotes "It would be a surprise if Powell deviates much from his post-FOMC press conference in which he emphasised that the easing done to date has supported the economy and helped offset some of the external risks stemming from slowing growth." "Our US economists do, however, expect the Chair to stress that, given that the balance of the incoming economic data has largely held in, it would take a "material reassessment" of the outlook for the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
