Red Alert : Fed head Powell Testimony Tuesday – What to Expect

Gold Silver Reports (GSR) – A real quick preview of Federal Reserve Chair Powell before the Senate Banking and House Financial Services Committees: 

📌 The Senate Banking Committee is on Tuesday (date17 July 2018 1400GMT)        

📌 House Financial Services Committee is Wednesday (1400GMT again)      

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Fed Meeting press conference quotes

Fed Lifts Rates, Steepens Path Through 2020 for More Hikes

Gold Silver Reports (GSR) – Fed Lifts Rates, Steepens Path Through 2020 for More Hikes – Federal Reserve officials, meeting for the first time under Chairman Jerome Powell, raised the benchmark lending rate a quarter-point and forecast a steeper path of hikes in 2019 and 2020, citing an improving economic outlook. Policy makers continued to project a total of three increases this year.   

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