Forexlive: Powell's speech tomorrow night is more important than non-farmers, and the market trend is likely to reverse
2025-04-03 16:02:14
Financial website Forexlive: Powell's speech on Friday will be more important than the non-farm payrolls data. The market has fully digested the expectation of a rate cut in June, but all the comments from Federal Reserve officials on the tariff issue are more hawkish. If Powell's wording also turns hawkish, then beware that the market's expectations for a rate cut by the Federal Reserve will undergo a serious repricing.
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