IG Analyst: Powell's speech is unlikely to change many views

ChainCatcher news, according to Jinshi reports, an IG analyst stated in a report: "A 50 basis point rate cut by the Federal Reserve in November is still considered a possibility."

Powell's speech is unlikely to change many views, although he may reiterate his comments on the Federal Reserve's recent rate decision.

Tomorrow, Federal Reserve Chairman Powell will speak at the National Association for Business Economics, where he may indicate the future policy direction of the Federal Reserve.