#USElectronicsTariffs

The market is set for the Federal Reserve.. A hot week for a burning market. Powell will speak

Federal Reserve Chairman Jerome Powell is scheduled to deliver a speech at the Economic Club in Chicago on Wednesday.

Powell previously warned on April 4 that Trump's tariffs are "larger than expected" and could lead to rising inflation and slowing growth.

However, he indicated at that time that it was still too early to determine what the right response to the tariffs would be. Investors are looking to the Federal Reserve to provide some reassurance that it is ready to intervene to calm sentiments in case the tariffs lead to further rounds of severe market pressure, while Trump himself has urged the central bank to cut interest rates.

Crucially, analysts noted that Powell's upcoming statement will be the first since Trump revealed a partial 90-day delay for his sweeping tariffs last week after a massive bout of turmoil in the stock and bond markets.