Fed Chair Jerome Powell Speech Today: All Eyes on Fed Rate Cut Hints
Fed Chair Jerome Powell is set to speak at Harvard University, with market participants awaiting hints on potential Fed rate cuts amid rising inflation concerns. The speech comes as US stock futures and Bitcoin have rebounded, with the CME FedWatch Tool showing a potential rate cut in October 2027.
Fed Chair Jerome Powell will speak at Harvard University today. Markets are watching for signals on potential Fed rate cuts amid inflation concerns and mixed economic data. The Fed held interest rates steady at 3.5%-3.75% for the second consecutive meeting. Powell's speech is scheduled for 10:30 a.m. Eastern time. The CME FedWatch Tool shows a potential rate cut in October 2027. US stock futures and Bitcoin have rebounded ahead of the speech.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.