Does the market need Powell to say something dovish today? ...Middle East

The runs counter to recent Fed commentary that suggests that they don't want to cut rates until they have a clearer view to low rates and that they're not confident that tariffs will be a one-off, short-lived boost to prices.

My guess is that Powell will repeat that the Fed doesn't need to be in a 'hurry' to make any move. It's what Jefferson said yesterday and that might not be enough but that's been the Fed line since the latest FOMC and given all the turmoil at the moment, it's the safest course of action.

For him though, it's a tough spot, particularly in light of today's non-farm payrolls. He has characterized the Fed stance as modestly restrictive and do they want to be dovish at a time when tariffs could push PCE inflation to 5%.

This article was written by Adam Button at www.forexlive.com.

Hence then, the article about does the market need powell to say something dovish today was published today ( Friday 04/04/2025 - 05:18 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Does the market need Powell to say something dovish today? )

Also on site :

• The Supreme Court Cast Its Lot With Trumpism. It Should Be Very Worried.
• UN renews Sudan ceasefire appeal over ‘unimaginable suffering’ of civilians
• Israeli forces continue ceasefire violations with attacks across Gaza