How badly / significantly will Powell's testimony to the Senate affect intraday trading volatility? What are people's thoughts?
I'm not sure if it's confirmed yet that he's also testifying to the House on Wednesday, but would that affect volatility as much on that day? I'm assuming it's not like he's going to say much that's new from his Senate testimony.
The Fed chair testifying to Congress hasn't even been a regular thing before the past 1-2 years of high interest rates, has it?
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