Federal Reserve Chair Waller will attend a Senate Banking Committee hearing on July 15.

Federal Reserve Chair Waller will attend a Senate Banking Committee hearing on July 15.

Federal Reserve Chairman Kevin Warsh will attend hearings of the House Financial Services Committee and the Senate Banking Committee on July 14 and 15, respectively, to testify before Congress on the semiannual monetary policy report.

This will be Warsh’s first appearance at a congressional monetary policy hearing since taking office, and the market will closely monitor his latest statements on the direction of interest rates.

According to an announcement on the Senate Banking Committee’s official website, Warsh will attend the Senate banking hearing at 10 a.m. Eastern Time on July 15, which will focus on the Federal Reserve’s semiannual monetary policy report submitted to Congress and will be broadcast online.

This hearing holds significant reference value for the market. As the Federal Reserve chairman’s first public testimony on monetary policy before Congress, Warsh’s wording and position will provide key clues for outsiders to judge the Fed’s policy path.

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