Fed's Dollar Dilemma: Powell's Poker Face Worth Its Weight in Gold
Key Points
- Jerome Powell faces pressure to maintain interest rates amid...
Ever wondered what keeps Jerome Powell up at night? Probably the same thing that haunts day traders - whether to hold or fold on interest rates while Trump tweets from the sidelines.
Powell's Groundhog Day
As we roll into another Federal Reserve meeting on May 4, 2025, markets expect the Fed to maintain its death grip on the 5.25-5.50% target range for the third time running. But all eyes are really on Powell's upcoming press conference, where every raised eyebrow could send the dollar on a roller coaster ride. A mere whisper about summer rate cuts might just give the greenback a case of th...
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