Monday , 30 September 2024
Home Forex Watch live: Powell speaks on the economic outlook
Forex

Watch live: Powell speaks on the economic outlook

The title of the speech is “Finding Harmony in the Noise: Transitioning to a New Normal”. These are his first comments since the Sept 18 FOMC press conference.

The title suggests he’s going to wade into the outlook. The market is pricing a 57% chance of a 25 bps cut in October and 43% of 50 bps.

This article was written by Adam Button at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

USD/CAD trades stronger above 1.3500 as Fed’s Powell signals a slow approach to rate cuts

The USD/CAD pair gathers strength to near 1.3525 during the early Asian...

Israel announces the start of a ground operation in Southern Lebanon

Israeli military says it has begun limited, localized and targeted raids against...

United Kingdom BRC Shop Price Index (YoY) dipped from previous -0.3% to -0.6% in September

United Kingdom BRC Shop Price Index (YoY) dipped from previous -0.3% to -0.6%...

GBP/USD grapples with 1.34 as markets weigh data outlook

GBP/USD cycled just south of the 1.3400 handle to kick off the...