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Fed Chairman Powell’s testimony to Congress postponed

Fed Chairman Powell's testimony to Congress postponed© Reuters. FILE PHOTO: Federal Reserve Chairman Jerome Powell speaks at the Economic Club of New York’s luncheon in the Manhattan borough of New York City

WASHINGTON (Reuters) – Federal Reserve Chairman Jerome Powell’s testimony to Congress’s Joint Economic Committee on Wednesday has been postponed and will be rescheduled at a later date, the committee said Monday.

Powell was slated to discuss the economic outlook with the panel, but Wednesday was declared a national day of mourning following the death of President George H.W. Bush. No new date for the rescheduled testimony has been announced.

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Source: Investing.com

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