Tomorrow at 8:00, Fed Chairman Jerome Powell will deliver a speech on the inflation situation. Through his remarks, investors will assess whether the Fed is leaning towards a "hawkish" or "dovish" policy. The decision on the Fed's next interest rate will be announced on Thursday, December 11, and the market is closely watching to predict whether the Fed will decide to raise, hold, or cut interest rates.
Federal Reserve Chairman Jerome Powell (serving from February 2018 to February 2026) is the head of the Fed, directly controlling short-term interest rates, and has a significant influence on the value of the US dollar more than any other individual. Investors and traders closely monitor his speeches as they often contain important hints about the direction of monetary policy in the future.
