Will Jerome Powell Become a Falcon on Rate Increases? - Coinleaks
Current Date:November 7, 2024

Will Jerome Powell Become a Falcon on Rate Increases?

Jerome PowellUS Federal Reserve officials an expected rate hikeallegedly directed.

The Wall Street Journal ( WSJ), Federal Reserve ( Fed) head Jerome PowellReferred to tonight’s speeches. WSJ, powell‘of Capiton HillTo combat high inflation, at its meeting in to raise interest rates above expectationsHe claimed he could make a statement about it.

WSJAccording to the news of powellwith the aim of increasing interest rates further and following a hawkish policy. US Federal ReserveHe will give warnings.

Jerome Powell Ready for Rate Increases and Inflation

Fedhead Jerome powell, 21-22 March It will make statements before the interest rate policy meetings to be held between Powell today Senate Banking Committeeahead, on Wednesday House of Representatives Committeewill give a speech in front of him.

These two-day conversations and statements have the potential to signal the Fed’s next rate decision. In this context, the Wall Street Journal ( WSJ), suggested that Powell would display a hawkish stance and give signals that they would raise interest rates above expectations.

After these two-day meetings, there will be silence on the Fed side until the interest rate decision. Guiding the global economy with its decisions Fed, 21-22 MarchHe will again be in front of the microphones for policy decisions.

two-day meetings and powellThe first of ‘s press releases is today at at 18:00 will happen. All markets are focused on this conversation.