Tonight's Big Event | Powell to Speak at Harvard at 10:30 PM, Market Focuses on Inflation and Rate Cut Signals, Trump May "Criticize" Again.

At 10:30 PM Beijing time, Federal Reserve Chair Jerome Powell will participate in a guided discussion in the Principles of Economics class at Harvard University.
Event Nature: Informal classroom discussion with no fixed single topic.
Expected Content: Broad coverage of the U.S. economic situation, inflation trends, labor market, and monetary policy path. Analysts believe he is likely to avoid sensitive topics such as Fed politicization.
Market Key Focus Points:
The March FOMC meeting kept interest rates in the 3.5%-3.75% range, with no rate cut, and raised some inflation expectations.
In the current context, the Middle East situation may push up short-term inflation. Whether Powell will signal "pause rate adjustments and maintain policy flexibility" is the biggest highlight.
Trump Factor: The market generally expects that if Powell adopts a cautious stance, especially mentioning a delay in rate cuts due to Middle East risks, Trump will likely publicly criticize Powell again after the event, blaming the Fed for not cutting rates. Trump has previously accused Powell of "inaction" multiple times.
This Week's Context: Labor market data will return to the spotlight this week, and tonight's Powell speech is the most anticipated macro event. Also, watch for sudden impacts from geopolitical risks related to Iran and the Middle East. $ETH $BTC #国际油价走高