2023-08-25 14:13:20

FED Chairman Powell's Speech Has Started!

In the financial markets, the eyes were turned to the Fed chairman, Powell.
Recently, it is seen that one of the main agenda items of the financial markets is the Chairman of the US Federal Reserve (FED), Jerome Powell. Powell's speech at the Jackson Hole meeting draws the attention of all markets.
Powell, the head of the world's largest economy, will begin speaking at the Jackson Hole meeting in the coming minutes. The last time Powell spoke at this meeting, inflation in the US was at 8.5 percent.
As of now, inflation in the USA is 3.2 percent and interest rates are at 5.5 percent. Fed Chairman Powell seems to have carried out a successful process in the last 1 year.
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