Thu Sep 26 12:56:15 UTC 2024: ## Fed Chair Powell to Speak Amidst Rate Cut Expectations
**Washington, D.C. -** Federal Reserve Chair Jerome Powell is scheduled to address the U.S. Treasury Market Conference at 13:30 UTC today, amidst growing speculation that the Fed may lower interest rates again this year.
Market participants are eagerly awaiting Powell’s remarks, hoping for clues about the Fed’s future monetary policy direction. Recent economic indicators, including a slowdown in manufacturing and a slight dip in consumer confidence, have fuelled expectations for a rate cut.
Powell’s speech comes at a time when the global economy faces uncertainty, with trade tensions and slowing growth impacting financial markets. The Fed’s stance on interest rates will play a crucial role in shaping economic conditions in the United States.
First Piper 