Federal Reserve Chair Kevin Warsh is scheduled to testify before congressional committees on July 14 and 15 regarding the central bank's semi-annual monetary policy report.
This will be Warsh's first appearance before Congress to discuss monetary policy since assuming the role, with markets keenly focused on his latest comments regarding the direction of interest rates.
According to a notice on the Senate Banking Committee's official website, Warsh will appear before the committee at 10 a.m. Eastern Time on July 15. The hearing will focus on the Federal Reserve's semi-annual monetary policy report submitted to Congress and will be broadcast live online.
This hearing holds significant value for market participants. As the Fed Chair's first public testimony to Congress on monetary policy, Warsh's wording and stance will provide crucial clues for external analysis of the Federal Reserve's future policy path.