Powell Speech Preview: Fed chairman faces tough questions – by FXstreetNews Fed
and “convey a message of confidence” to the markets. Elam expects Powell’s press conference to alleviate any market over-reaction to the likely interest rate hike:
Such remarks would ease and balance the pain coming from raising rates and defying expectations for rate cuts later this year.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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