April 16, 2025 10:09:21 UTC
FED Chair Jerome Powell to Address Economy, Inflation Today
Today at 11:30 AM Eastern Time, Federal Reserve Chair Jerome Powell will deliver a speech, focusing on inflation figures and economic outlook. This discourse follows a period of increased market turbulence due to U.S. tariffs and worries about inflation. Investors are attentively waiting for any insights into the Fed’s future policy direction before the FOMC meeting scheduled for May 6–7. As concerns about stagflation grow and inflation expectations escalate, Powell’s speech could have a substantial impact on markets, potentially leading to significant volatility today, even in Bitcoin.
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2025-04-16 13:29