On March 30, the U.S. market will encounter some quite interesting events this week. As we transition from March to April, labor market data will return to the spotlight. However, first, Federal Reserve Chairman Jerome Powell will make an appearance later today at 22:30. Besides closely monitoring the risks related to U.S.-Iran headlines, this will be the most noteworthy item on the agenda. Powell is set to participate in a moderated discussion for an introductory economics course at Harvard University. Although there is no specific theme, Powell is expected to cover a wide range of topics from the economy to inflation and monetary policy. Analysts anticipate he will avoid any discussions related to the politicization of the Federal Reserve. Nevertheless, it is reasonable to expect that Trump will once again lash out at Powell after this event, especially if we hear comments about the Fed wanting to pause interest rate adjustments and maintain flexibility amid the situation in the Middle East. Ironically, the circumstances leading to this situation are a result of Trump's own actions. However, you can be sure he will still blame Powell for not lowering interest rates.
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