Fed Chair Powell to Speak at Harvard Amidst Market Focus on Labor Data

According to Jin10, the U.S. market is set for an eventful week as it transitions from March to April, with labor market data returning to the spotlight. However, the most anticipated event on the agenda is the appearance of Federal Reserve Chair Jerome Powell later today at 22:30. Powell is scheduled to participate in a moderated discussion as part of Harvard University's introductory economics course. While the session lacks a specific theme, it is expected that Powell will address a wide range of topics, including the economy, inflation, and monetary policy. Analysts predict that he will steer clear of politically sensitive issues related to the Federal Reserve. Nonetheless, it is anticipated that U.S. President Donald Trump may criticize Powell following the event, particularly if there are indications that the Fed intends to pause rate adjustments amidst the Middle Eastern situation to maintain flexibility. Ironically, this situation has been influenced by Trump's own actions, yet he is likely to blame Powell for not lowering rates.