Powell speech: No comments on the policy outlook

Eren Sengezer FXStreet

In his prepared remarks delivered at the Stress Testing Conference organized by the Federal Reserve Bank of Boston, Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, didn't comment on the monetary policy outlook or the economy's state.

There won't be a Q&A session and markets will be waiting for Atlanta Fed President Bostic and St. Louis Fed President Bullard's comments later in the session.

Meanwhile, the US Dollar Index is holding on to modest daily gains above the 97.50 mark.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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