February 6, 2018 / 9:33 PM / 4 months ago

Fed Chairman Powell to testify on monetary policy report on Feb. 28: committee

WASHINGTON (Reuters) - Federal Reserve Chairman Jerome Powell will testify on the central bank’s semiannual report on monetary policy and the economy on Feb. 28 before the House of Representatives’ Financial Services Committee, the panel announced on Tuesday.

Federal Reserve Chairman Jerome Powell arrives to take the oath of office at the Federal Reserve in Washington, U.S., February 5, 2018. REUTERS/Aaron P. Bernstein

The hearing with Powell, who took office on Monday, will be held at 10 a.m. (1500 GMT), the committee said.

Reporting by Tim Ahmann; Editing by Eric Beech

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