Federal Reserve Chair Jerome Powell is headed to Capitol Hill today for his twice-yearly testimony before Congress. Expect him to deliver an upbeat assessment of the U.S. economy, while bending over backward to dodge politically fraught questions.

The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more officials say they want to see how new policies from the White House affect the economy.

All eyes will be on Fed Chair Jerome Powell’s testimony to the US Congress this week. The testimony of Federal Reserve Chair Jerome Powell is scheduled to be a regular update of monetary policies to Congress. Powell’s testimony has become increasingly important after Trump returned to the White House as the US President.