#USElectronicsTariffs
The market is set for the Fed.. A hot week for burning markets. Powell will speak
Federal Reserve Chairman Jerome Powell is scheduled to give 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 inflation rising and growth slowing.
However, he noted at that time that it was still too early to determine what the appropriate 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 pressure in the market, while Trump himself has called on the central bank to lower interest rates.
Critically, analysts noted that Powell's upcoming statement will be the first since Trump revealed a partial 90-day delay of his sweeping tariffs last week after a massive bout of turmoil in the stock and bond markets.
#USElectronicsTariffs #BTCRebound #SaylorBTCPurchase #BinanceSafetyInsights
