IG Analyst: Powell's speech is unlikely to change many views

ChainCatcher news, according to Jinshi reports, IG analysts stated in a report: "The Federal Reserve's 50 basis point rate cut in November is still seen as a possibility."

Powell's speech is unlikely to change many views, although he may reiterate his comments on the Fed's recent interest rate decision.

Tomorrow, Federal Reserve Chairman Powell will deliver a speech at the National Association for Business Economics and may indicate the future policy direction of the Federal Reserve in this speech.