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Full text of Powell's testimony: observe changes and consider adjusting policies only after clarifying signals.
Powell reiterated that the current MMF policy is in a favorable position and can observe changes before considering an adjustment to interest rates. The impact of tariffs will depend on their final levels.
U.S. Stock Outlook | Tensions in the Middle East ease, all three Equity Index futures rise, Nasdaq futures up 1%; a "hawk-dove" split at the Federal Reserve! Powell will testify on Capitol Hill.
JPMorgan: Capital expenditures on data centers are growing strongly, and Asian Technology stocks are expected to rise another 15-20% this year.
WSJ: Powell reiterates a wait-and-see stance, stating that the U.S. economy remains robust.
According to a report by The Wall Street Journal on June 24, Federal Reserve Chairman Powell stated in his written testimony at a congressional hearing that recent economic activity has shown resilience, allowing decision-makers to continue focusing on inflation...
Breaking! Iran's 'revenge', several missiles have been launched towards U.S. military bases in the Middle East.
According to Israeli estimates, Iran has launched 10 missiles at the U.S. base in Qatar.
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Tuesday Ahead of Powell Testimony
Express News | Federal Reserve Chair Powell: Currently in a favorable position, can wait before considering interest rate adjustments.
