Today, June 2, 2025, the Chairman of the Federal Reserve System Jerome Powell will deliver a speech at 7:00 PM Paris time (1:00 PM Eastern Time) at a conference dedicated to the 75th anniversary of the International Finance Division of the Fed.
🔍 Key topics of the expected speech:
Monetary policy and interest rates: Powell is likely to comment on the current monetary policy of the Fed and possible changes in interest rates. This is particularly relevant in light of the recent meeting with President Trump, who is pressuring the Fed to lower rates.
Economic outlook: Powell is expected to discuss the current state of the US economy, including growth, employment, and inflation. His comments may provide insights into the future direction of economic policy.
Impact of trade tensions: Given the recent escalation of trade relations between the US and China, Powell may address the impact of tariffs and trade disputes on the economy and monetary policy.
📌 Why this is important:
Powell's speech may have a significant impact on financial markets, including cryptocurrencies, stocks, and bonds. Investors and analysts are closely monitoring his statements to assess the future steps of the Fed and adjust their strategies accordingly.