According to BlockBeats, financial analysis from Forexlive suggests that U.S. Federal Reserve Chair Jerome Powell's speech on Friday holds greater significance than the non-farm payroll data. The market has fully anticipated a rate cut in June, but Federal Reserve officials have adopted a more hawkish stance on tariff issues. If Powell's rhetoric also shifts towards a hawkish tone, there could be a substantial reevaluation of the market's expectations for a rate cut.