Information for reference

Speech of Federal Reserve Chair Jerome Powell (February 2018 - February 2026). As the Chair of the U.S. Federal Reserve, which controls short-term interest rates, he has a greater influence on the value of the U.S. dollar than anyone else. Traders closely monitor his speeches as they are often used to drop hints about future U.S. monetary policy and economic forecasts. Powell's statements can have a significant impact on financial markets, including currency, stock, and bond markets, as they may indicate potential changes in interest rates or monetary policy.