On July 10th at 11:00 PM Japan time, Chair Powell of the Federal Reserve Board will testify before the House Committee on Financial Services.
The release of the June non-farm payroll data showed an increase in the unemployment rate to its highest level since 2021, indicating a slowdown in economic growth in other data. In light of this situation, lawmakers are likely to ask Chairman Powell about the reasons for the central bank's hesitation to lower interest rates.Stay tuned for the live broadcast for more details!
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