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U.S. Fed Chair Powell Testifies


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Investors now await Fed Chairman Jerome Powell's testimony before Congress on Wednesday and Thursday. Although Powell has repeatedly insisted that higher inflationary pressures would be temporary, his testimony will be scrutinized for any hints on when the central bank will begin asset tapering and hike interest rates. This will be at 5PM UK Time. What will happen to the Dollar, will it continue trading lower ?

 

 

Investing.com

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