FED Chair Jerome Powell Speaks
FED Chairman Jerome Powell Speaks
FD Chairman Powell Holds Q&A Speech
Starts Tuesday, February 12, 2019 at 17:45
Updated Monday, February 11, 2019
The Chairman of the Federal Reserve Jerome Powell is to deliver a speech titled "Economic Development in High Poverty Rural Communities" at the Hope Enterprise Corporation Rural Policy Forum, in Mississippi. Audience questions are expected, which will be the most interesting part of the conference. The market took the last conference as leaning towards dovish, or at least less hawkish than previously and the USD turned bearish following that conference after the last FOMC meeting. It will be interesting to hear Powell clarify the FED's position at this panel, if that's his intentions. Please follow us for live coverage of this event by experienced market analysts.
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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.