After a more or less dead Asia session on Wednesday I was speaking with someone who reminded me Powell is to speak on Thursday.
Oh nos …. this could put a dampener on the session here also (typing this with hopes its a ‘famous last words’ sort of thing).
Fed Chair Powell speak Thursday 4 March 2021
- at 17.05 GMT
- at a Wall Street Journal event
- he will be discussing the US economy
- he will not speak from a prepared text, its a Q&A session
I suspect he will stick very much to his recent script and we will not get anything at all new from him. So don’t hold back today, no need to wait!