Powell to talk to Congress about the possibility of more interest-rate hikes, not fewer

MarketWatch/Greg Robb/3-4-2023

photo of jerome powell deliver testimony before Congress“Fed Chairman won’t be able to be definitive about the path of rates given key data comes after his testimony, economists say.”

USAGOLD note: The Fed chairman might hope to bring some clarity to the rate picture, but it is likely to be a rough week for markets. He testifies before the Senate on Tuesday and the House on Wednesday.

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