Federal Reserve Chairman Kevin Warsh is scheduled to testify live before the Senate banking committee. This appearance is part of the central bank leader's congressionally mandated engagements on Capitol Hill.
Warsh previously addressed the House Financial Services Committee on Tuesday, providing insights into the Fed's perspective on the economy and monetary policy. Such testimonies are closely watched for signals regarding future interest rate decisions and the overall economic outlook.
Statements from the Fed Chairman can influence the US dollar's strength and international gold prices, which in turn could impact local gold and currency rates in Pakistan.
بحوالہ / Source: www.cnbc.com