Federal Reserve Will Likely Hold Rates Steady In Jerome Powell's Final Meeting

Powell is set to deliver his last speech as Federal Reserve chair at 2:30 p.m. EST, and is expected to signal that policy should be maintained. The message points to a steady near-term rate outlook, with implications for interest rates and yields across markets. Market impact could be significant given the Fed-related timing and policy signaling.

Analysis

Powell is set to deliver his last speech as Federal Reserve chair at 2:30 p.m. EST, and is expected to signal that policy should be maintained. The message points to a steady near-term rate outlook, with implications for interest rates and yields across markets. Market impact could be significant given the Fed-related timing and policy signaling.