Powell and the members of the committee prepare to give a speech.
Fed chairman Jerome Powell is scheduled to give a speech today in Switzerland. Other Fed members will also give a speech, including US Federal Reserve Governor Michelle Bowman and regional Fed chairmen Eric Rosengren from Boston, John Wigan. Williams from New York, Neil Kashkari from Minnesota, and Charles Evans from Chicago.
Because the market has high expectations that the Fed will have to cut interest rates in the next two weeks. Therefore, keep an eye on Mr Powell's statement to know the direction of the Fed whether to be inclined towards a relaxed monetary policy. At the Fed meeting on 17-18 September
According to Investing.com's Fed interest rate monitor, the market believes that there is a 94.5% chance that the Fed will cut interest rates by a quarter by the second half of this month.
Fed chairman Jerome Powell is scheduled to give a speech today in Switzerland. Other Fed members will also give a speech, including US Federal Reserve Governor Michelle Bowman and regional Fed chairmen Eric Rosengren from Boston, John Wigan. Williams from New York, Neil Kashkari from Minnesota, and Charles Evans from Chicago.
Because the market has high expectations that the Fed will have to cut interest rates in the next two weeks. Therefore, keep an eye on Mr Powell's statement to know the direction of the Fed whether to be inclined towards a relaxed monetary policy. At the Fed meeting on 17-18 September
According to Investing.com's Fed interest rate monitor, the market believes that there is a 94.5% chance that the Fed will cut interest rates by a quarter by the second half of this month.