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Powell will give a speech tonight at 10:30 PM, which may trigger another "attack" from Trump.
According to TechFlow news on March 30, foreign media reports that the U.S. market will see some quite interesting schedules this week. As we transition from March to April, labor market data will return to the spotlight this week. But first, Federal Reserve Chair Jerome Powell will make an appearance 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 plans to participate in a moderated discussion for an economics principles course at Harvard University. This session is typically part of the school’s introductory economics course. While there is no specific topic, it is expected that Powell will cover a broad range of subjects from the economy to inflation and monetary policy. Analysts expect him to avoid any issues related to the politicization of the Federal Reserve.
Nevertheless, it is reasonable to expect that Trump will once again lash out at Powell after this event. Especially if we hear comments about the Federal Reserve wanting to pause rate adjustments and maintain flexibility amid the situation in the Middle East. Ironically, it is Trump’s own actions that have led to this situation. However, it can be certain that Trump will still place the blame for not lowering interest rates on Powell. (Jin Shi)