Federal Reserve Chair Jerome Powell may skip his upcoming congressional testimony following grand jury subpoenas served to the Fed by the Justice Department, according to the House Financial Services Committee Chair. The development creates uncertainty around the Fed's communication schedule during a period of heightened regulatory scrutiny. Powell's potential absence from hearings could impact market expectations regarding monetary policy signals and Fed forward guidance.
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StablecoinSkeptic
· 01-17 17:19
Huh? Powell is going to miss the hearing? The Federal Reserve is really going to drop the ball now...
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TokenomicsTrapper
· 01-15 19:39
lmao powell ghosting congress now? nah this is textbook greater fool theory waiting to happen. dude reads one subpoena and suddenly market gets to guess what the fed actually thinks... watched this movie before tbh
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TokenomicsPolice
· 01-14 18:05
Huh? Powell is going to miss the hearing? Now the market has to guess the policy direction on its own... The Department of Justice is playing hardball.
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ForkInTheRoad
· 01-14 18:05
Oh no, is Powell going to disappear? Now the market is going to start speculating wildly again, and they can come up with any signals.
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DarkPoolWatcher
· 01-14 18:03
Oh no, Powell is going to be absent? The Department of Justice has already stepped in, feels like the trend is not quite right...
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SnapshotDayLaborer
· 01-14 17:56
Powell is playing the "dove" game? Skipping the hearings... The Department of Justice investigating the Fed, something's not right.
Federal Reserve Chair Jerome Powell may skip his upcoming congressional testimony following grand jury subpoenas served to the Fed by the Justice Department, according to the House Financial Services Committee Chair. The development creates uncertainty around the Fed's communication schedule during a period of heightened regulatory scrutiny. Powell's potential absence from hearings could impact market expectations regarding monetary policy signals and Fed forward guidance.