When is Powell’s speech?

Fed Chairman Jerome Powell’s highly anticipated speech will take place on Friday, August 23 at 10.00 a.m ET. The speech to be held in Jackson Hole is of critical importance for the markets, as Powell’s messages may provide important clues about the future of the global economy. Especially those who are curious about possible cuts in interest rates will find answers in Powell’s speech.

Excitement is at its peak in the markets

Jerome Powell’s speech is being closely monitored due to its potential impact on market expectations and economic decisions. Factors such as fluctuations in the global economy, the course of inflation and the state of employment data shape the Fed’s monetary policy. Powell’s statements may give a clear signal about interest rates, which may lead to significant movements in the markets.

Interest rate cut signal

Markets expect the Fed to cut interest rates by 100 basis points by the end of the year. However, it remains unclear whether this cut will be 25 or 50 basis points in September. Powell is expected to hint at a rate cut in September, as in his past speeches, but he may not give a clear clue about the size of the cut.

This uncertainty leads to different scenarios being discussed among investors. Many experts predict that Powell will use a dovish tone and try to calm the markets.

So, what time is Powell’s speech?

Fed Chairman Jerome Powell’s speech will start at 10.00 a.m ET on Friday, August 23. This important speech can be followed live on various news channels and financial platforms. In particular, market analysts and investors will watch Fed Chairman Powell’s speech with great attention in order to evaluate Powell’s messages and determine their strategies accordingly. After the speech, the effects of Powell’s statements on the markets can be observed instantly and may offer new opportunities to investors.