This week, Federal Reserve Chairman Jerome Powell will testify before the House Financial Services Committee and the Senate Banking Committee. At present, the probability of the Fed raising interest rates by 25bps on July 26 is 77% by CME.

This week, Federal Reserve Chairman Jerome Powell will testify before the House Financial Services Committee and the Senate Banking Committee. At present, the probability of the Fed raising interest rates by 25bps on July 26 is 77% by CME.