FED Chair Jerome Powell Speaks
FED Chairman Jerome Powell Speaks
Powell to Speak Along With Kaplan
Starts Wednesday, November 21, 2018 at 14:14
Updated Monday, November 12, 2018
The Chairman of the Federal Reserve Jerome Powell is due to speak along with Dallas Fed President Kaplan, about economic issues at an event hosted by the Federal Reserve Bank of Dallas. Audience questions are also expected. This speech will be interesting because it is the first one after the US midterm elections and it should also clarify some of the questions raised by last week's FOMC statement. Please follow us for live coverage of this event by experienced market analysts and the impact it might have on the USD.
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About FED Chairman Jerome Powell Speaks
The Speech or the Press Conference from the FED Chairman Powell is a crucial event on the economic calendar. It is the public release of decisions made by the policymaking portion of the U.S. Federal Reserve (FED), the Federal Open Market Committee (FOMC). Upon the conclusion of an official FOMC meeting, the monetary policy decisions facing the USD are made public via press conference. Markets are highly sensitive to the FED Chairman Jerome Powell press conference. Policy matters, economic forecasts, as well as the actual verbiage used are interpreted by traders and investors in a myriad of ways. Tone, content, and the type of language used by the FED chair is capable of sending USD valuations in any direction.