Jerome Powell, Chairman of the Federal Reserve (Fed), will deliver prepared remarks before the Economic Club of New York and respond to questions. Pow
Fed Chairman Jerome Powell will speak before the Economic Club of New York. Powell’s comments on monetary policy and interest rate path will be scrutinized by markets. The US Dollar could show significant reaction to Powell’s speech before the Fed’s blackout period begins on Saturday.
Other data showed that Nonfarm Payrolls soared by an impressive 336,000 in September, reaffirming tight labor market conditions. Finally, consumer activity remained strong, with Retail Sales and Personal Spending growing at a healthy pace in September. When is Powell speech and how could it affect the USD? Fed Chairman Jerome Powell is scheduled to deliver prepared remarks before the Economic Club of New York at 16:00 GMT.
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