👋🏻 SAYING GOODBYE TO JEROME POWELL: TODAY IS HIS FINAL FOMC PRESS CONFERENCE 📉🏛️
Major Event: Powell will chair his final FOMC press conference before his term as Fed Chair ends next month.
Timing: Fed rate decision at 11:00 AM California time (18:00 UTC).
Powell’s last public appearance in his current role. Any hawkish or dovish tone could trigger strong moves in USD, Treasury yields, gold, and crypto markets.
Markets are on high alert. After today, the Fed enters a leadership transition period, potentially bringing more policy uncertainty in the coming months.
Significance: After more than 8 years navigating pandemic, record inflation, and major volatility, Powell’s era is coming to an end. Markets await his final remarks with high attention.
Love him or hate him, Jerome Powell has left a significant mark on modern Fed history. Today is not just about rates — it’s a farewell to one of the most influential Fed Chairs in recent times.
