FED Chair Jerome Powell Speaks
FED Chairman Jerome Powell Speaks
Let\'s See If Powell Will Confirm the Rate cut for Next Meeting
Starts Tuesday, June 25, 2019 at 17:00
Updated Friday, June 21, 2019
FED Chairman Jerome Powell is due to speak about the economic outlook and monetary policy at the Council on Foreign Relations, in New York. Audience questions expected, so it will be interesting to hear, particularly about the interest rates, since the FED turned pretty dovish in the lat meeting. Now markets are pricing in a rate cut in July at a 50% chance. Although, he might comment on the independence of the central bank after Trump's tweets. Please follow us for live coverage of this event by experienced market analysts.
<% indicator.indicator_name %>
<% indicator.indicator_value %>
<% ssp.ssp_posted_at |date:"HH:mm" %>
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.