Chair of the Federal Reserve System Powell is speaking again today.
- to testify before a House Financial Services Committee hybrid hearing on the "Oversight of the Treasury Department's and Federal Reserve's Pandemic Response."
Also coming up is the release of the 'Beige Book'. Beige Book is the commonly used name for the Summary of Commentary on Current Economic Conditions by Federal Reserve District:
- its published eight times per year
Description from the Fed:
- Each Federal Reserve Bank gathers anecdotal information on current economic conditions in its District through reports from Bank and Branch directors and interviews with key business contacts, economists, market experts, and other sources.
- The Beige Book summarizes this information by District and sector.
- An overall summary of the twelve district reports is prepared by a designated Federal Reserve Bank on a rotating basis.
Its due at 1700 GMT.
Chair Powell:
