Powell to Deliver Speech Tonight at 10:30 PM, Risking Another Trump "Attack"

BlockBeats News, March 30th, according to foreign media reports, this week the U.S. market will see some rather interesting scheduling. As the transition from March to April takes place, labor market data will return to focus this week. But first, Federal Reserve Chair Powell will also appear later today (22:30). In addition to closely monitoring U.S.-Iran headline risks, this will be the most noteworthy item on the agenda.

Powell is scheduled to participate in a moderated discussion as part of Harvard University's Principles of Economics course. This event is usually part of the school's introductory economics course. Although there is no specific topic, Powell is expected to cover a wide range of topics from the economy to inflation and monetary policy. Analysts expect him to steer clear of any issues related to Fed politicization.

Nevertheless, it is reasonable to expect that Trump will once again criticize Powell after this event. Especially if we hear comments about the Fed wanting to pause rate adjustments and maintain flexibility in the Middle East situation. Ironically, it is Trump's own actions that have led to this situation. However, it is certain that Trump will still shift the blame for not lowering rates to Powell. (FXStreet)