Overview
- Jerome Powell is set to speak at The Economic Club of Chicago today, offering critical insights into the Federal Reserve's monetary policy direction for 2025.
- Recent inflation data shows easing price pressures, fueling market speculation about potential interest rate cuts later this year.
- President Trump's unpredictable tariff policies have created significant economic uncertainty, complicating the Fed's decision-making process.
- Global markets remain volatile, with fears of a recession heightened by aggressive U.S.-China trade measures and shifting tariff announcements.
- Powell's remarks will address the balancing act between supporting economic growth and managing inflation risks in a challenging geopolitical environment.