The Powell Power Play – MM #175

0

Fed Chair Jerome Powell is the star of our show after his first testimony and ahead of his first rate decision. Originally published here.

You are welcome to listen, subscribe, provide feedback and pledge support on Patreon.

  1. Jerome Jitters: The new Fed Chair began slowly by signaling continuity but eventually released a hint of another hike in 2018: four in total. Is Powell too optimistic about the economy? Is the government leading with its fiscal stimulus and the Fed just following? We know that Powell sent the dollar higher in the short term, but can it continue forward in the longer term?
  2. Preview:  Powell’s words will be tested against reality. Are wages still rising? The Non-Farm Payrolls should provide some answers. In addition, four rate decisions from all over the world make it a very busy week.

Listen to the podcast here:

Download it directly here

Trade safely!

Get the 5 most predictable currency pairs

About Author

Yohay Elam – Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned the significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

Comments are closed.