Watch Fed Chair Jerome Powell testify live before the House financial services panel

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Federal Reserve Chair Jerome Powell is acceptable to attest connected Capitol Hill earlier the U.S. House Financial Services Committee connected Wednesday.

The quality comes aft Powell appeared earlier the Senate Committee connected Banking, Housing and Urban Affairs connected Tuesday. There, Powell said U.S. economical maturation is inactive coagulated but acknowledged that the cardinal slope present sees the system arsenic having the two-sided hazard of rising unemployment astatine the aforesaid clip arsenic ostentation is inactive supra its 2% target.

"Reducing argumentation restraint excessively precocious oregon excessively small could unduly weaken economical activity and employment," Powell said Tuesday, referring to the hazard that keeping involvement rates precocious tin harm the economy, too.

Investors volition beryllium listening to perceive if Powell gives immoderate hints astir erstwhile the Fed mightiness statesman to chopped rates. The cardinal slope has a gathering aboriginal this month, though traders spot a chopped successful July arsenic unlikely.

Representatives could besides inquire astir the Fed's oversight of banks, including the imaginable risks of commercialized existent property to determination lenders.