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Fed Chairman Powell's testimony to Congress postponed

Reuters  |  WASHINGTON 

By Pete Schroeder

(Reuters) - Federal Reserve Jerome Powell's testimony to on Wednesday has been postponed and will be rescheduled at a later date, the committee said on Monday.

However, the Federal Reserve still plans to release its "Beige Book," a summary of the state of S. business across the central bank's 12 regional districts, as scheduled on Wednesday.

Powell was slated to discuss the economic outlook with the panel, but Wednesday was declared a of mourning following the death of former No new date for the rescheduled testimony has been announced.

The said its offices will be closed on Wednesday, but that its will operate normally.

(Reporting by Pete Schroeder; Editing by and Dan Grebler)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, December 04 2018. 00:59 IST