Federal Reserve Chairman Jerome Powell will deliver his first semiannual monetary policy report to the House Financial Services Committee on Feb. 28, the committee said Tuesday.

Mr. Powell also will testify before the Senate Banking Committee the following day, March 1, a spokeswoman for that committee confirmed. The two-day Humphrey-Hawkins hearings—a reference to the 1978 law that requires them—will be Mr. Powell’s first appearances before Congress since being sworn in as Fed chairman Monday.

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