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Powell's speech at 10 o'clock tonight, will interest rate cuts be delayed again and again?

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2024-05-14 18:14:04
On May 14, Federal Reserve Chairperson Jerome Powell will attend a meeting and speak at 22:00 tonight. Previously, a number of Federal Reserve officials have supported Powell's position at his last press conference, that "interest rates will remain at a higher level for a longer period of time". Will Powell strengthen this hawkish stance tonight and cause the market to delay the expectation of the Federal Reserve's interest rate cut again? Investors are advised to pay attention to the relevant risks at that time.