How the financial markets may react to Powell’s big speech Friday – CNBC - News Time Mystic

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Friday, August 27, 2021

How the financial markets may react to Powell’s big speech Friday – CNBC

Federal Reserve Chairman Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Capitol Hill in Washington, July 15, 2021.

Kevin Lamarque | Reuters

Federal Reserve Chairman Jerome Powell is expected to say Friday morning that the central bank is closer to announcing it could step away from its super-easy stimulus policies, but markets could be rocked depending on how he says it.



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