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Powell heads to Congress amid pressure to cut rates

Tuesday, July 09, 2019 - 02:02

As Federal Reserve Chairman Jerome Powell heads to his twice-yearly Congressional update he's facing stiff pressure by the White House and financial markets to cut rates, even though the economy has recently showed signs of not being soft as earlier feared.

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As Federal Reserve Chairman Jerome Powell heads to his twice-yearly Congressional update he's facing stiff pressure by the White House and financial markets to cut rates, even though the economy has recently showed signs of not being soft as earlier feared.

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Powell heads to Congress amid pressure to cut rates

Tuesday, July 09, 2019 - 02:02