Powell Expected to Defend Fed's Cautious Approach at Upcoming Testimony
24 Jun 2025
#federal reserve #jerome powell #economic expansion #rate cuts #political pressure
Federal Reserve Chair Jerome Powell is expected to defend the Fed's cautious approach and signal that any rate cuts will be done to sustain the economic expansion at his upcoming testimony. The market will be closely watching for any hints on the Fed's plans for future rate cuts and its assessment of the current economic situation.