Powell Speech Today: Traders are waiting for US Fed Chair Jerome Powell‘s comments later in the day as the stock futures and crypto prices remain on a standstill. The Fed Chair will be speaking at an event at The Economic Club of Washington DC, where Powell is expected to clarify his comments on inflation in his press conference after the FOMC meet. Following this, the markets rallied thanks to Powell’s statement on disinflation. The robust jobs data report, however, could change the Fed’s attitude towards rate hike policy tightening in the months ahead.
US Fed Chair Jerome Powell Speech Today: Buy Opportunity For Bitcoin (BTC)?
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07 February 2023 15:10, UTC