Federal Reserve Chairman Powell will issue a semi-annual currency testimony tonight
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According to Golden Finance, Federal Reserve Chairman Powell will attend a Senate Financial Committee hearing at 23:00 on February 11 and deliver a semi-annual monetary policy testimony to the House Financial Services Committee the same time the next day. Earlier that the Fed has failed to achieve its 2% inflation target since 2021, Fed Vice Chairman of Regulation Barr has announced his impending resignation, and new Treasury Secretary Becent expressed support for Powell's policy decisions. At the Fed's main...