So, why is Powell set to speak during the Fed blackout period? For some context, he will be delivering the welcoming remarks at the Integrated Review of the Capital Framework for Large Banks Conference. The event is hosted by the Fed itself, hence the exception to the central bank's own rules.
His speech is scheduled for about 30 minutes with the full agenda here. This is largely a regulatory conference, pertaining more to banking and capital framework. Given that backdrop and the fact that policymakers aren't supposed to be saying anything during the Fed blackout period, I wouldn't expect Powell to make any notable remarks on policy.
Still, it's one to be aware of just in case; as always with central bank speakers. But yeah, this is just to add a little bit of context before we hear from the man later in the day.
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This article was written by Justin Low at investinglive.com.Hence then, the article about fed chair powell to speak later in the day but was published today ( ) 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.
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