More Federal Reserve speakers on the agenda for Monday, 5 February 2024
<p>On Sunday evening US time, TV show '60 minutes' aired an interview it had record with Federal Reserve Chair Powell back on Thursday 01 February:</p><ul><li><a href="https://www.forexlive.com/centralbank/fed-head-powell-a-march-federal-open-market-committee-fomc-rate-cut-is-unlikely-20240205/" target="_blank" rel="follow" data-article-link="true">Fed head Powell: A March Federal Open Market Committee (FOMC) rate cut is unlikely</a></li><li><a href="https://www.forexlive.com/centralbank/heres-the-full-60-minutes-transcript-of-the-interveiw-with-federal-reserve-chair-powell-20240205/" target="_blank" rel="follow" data-article-link="true">Here's the full 60 Minutes transcript of the interview with Federal Reserve Chair Powell</a></li></ul><p>Also, check out this from the CBS report on the interview. It wasn't couched as a direct quote from Powell:</p><ul><li>The most likely time for the first interest rate cut will be the middle of the year</li></ul><p>This has caused some debate across social media, as its not something that Powell said in the interview, according to the transcript. </p><p>Anyway, still to come from Fed officials today:</p><ul><li>1500 GMT/1000 US Eastern time: Federal Reserve Bank of Chicago President Austan Goolsbee appears on Bloomberg Markets</li><li>1900 GMT/1400 US Eastern time: Federal Reserve Bank of Atlanta President Bostic. I don't have any further details on this one.</li><li>0000 GMT/1900 US Eastern time Federal Reserve Bank of Philadelphia President Patrick Harker speaks on "The Federal Reserve’s Role in Our Economy" before a Rowan Institute for Public Policy & Citizenship event, in Glassboro, N.J</li></ul>
This article was written by Eamonn Sheridan at www.forexlive.com.
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