Sunday , 19 January 2025
Home Forex Federal Reserve Chair Powell to retain optionality, more data to come before Sept meeting
Forex

Federal Reserve Chair Powell to retain optionality, more data to come before Sept meeting

Via Reuters a snippet from the Commonwealth Bank of Australia on Powell speaking at Jackson Hole:

  • “Markets will be laser focused to what Powell has to say at the end of this week, and on that, I think it will be a great opportunity for Powell to either endorse or push back market pricing,”
  • “I think he’ll at least greenlight a rate cut at the September meeting. If anything, I think he’ll try to retain optionality because we do have some more data before the next meeting.”

More:

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Weekly Market Outlook (20-24 January)

UPCOMING EVENTS:Monday: PBoC LPR,US Presidential Inauguration Day, BoC Business Outlook Survey, New...

How To Predict Forex Price Movements Accurately

Struggling to predict forex price movements? The foreign exchange market trades over...

A technical view of the major currency pairs going into the new trading week

EURUSD:USDJPY:GBPUSD:USDCHF:USDCAD:AUDUSD:NZDUSD: This article was written by Greg Michalowski at www.forexlive.com.

Greenland, Canada and the Panama Canal: What is the real plan here?

Here is my base case.Greenland:This is a real pet project of Trump's....