BlockBeats news, on March 30, according to foreign media reports, the U.S. market will welcome some quite interesting schedules this week. As we transition from March to April, labor market data will come back into focus this week. But first, Federal Reserve Chairman Powell will also make an appearance later today (22:30). In addition to closely monitoring the U.S.-Iran headline risks, this will be the most noteworthy item on the agenda.
Powell is set to participate in a moderated discussion for Harvard University’s Principles of Economics course. This segment is typically part of the introductory economics course at the school. While there is no specific topic outlined, it is expected that Powell will cover a broad range of subjects from the economy to inflation and monetary policy. Analysts expect he will steer clear of any issues related to the politicization of the Federal Reserve.
Nonetheless, 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 interest rate adjustments and maintain flexibility in light of the situation in the Middle East. Ironically, it is Trump’s own actions that have led to this situation. However, it can be assured that Trump will still place the blame for not lowering interest rates on Powell. (Jinshi)