Forexlive: Tomorrow night's Powell speech more important than non-farm payrolls
According to Golden Ten Data, financial website Forexlive said that Powell's speech on Friday will be more important than the non-farm payrolls data, and that the market has already fully digested the expectation of a rate cut in June, but all the comments from Fed officials on tariffs have been more hawkish.
If Powell's language also turns hawkish, then beware of a serious repricing of market expectations for a Fed rate cut.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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