11 February 2020
On February 11 at 03:00pm GMT, the head of the US Federal Reserve System Jerome Powell will address the congressmen with a six-month report on the state of the American economy.
According to analysts, Powell’s speech should clarify the Fed’s intentions about interest rates.
Learn what FreshForex analyst tells about it:
"Jerome Powell will speak in Congress today to talk about the prospects for the US economy and monetary policy. Last week, authoritative representatives of the Federal Reserve spoke, who stated the need to keep low interest rates in order to ensure sustainable economic growth. Today, Jerome Powell can once again focus the attention of congressmen on keeping low interest rates, which will positively affect the quotes of US stock indices. On Tuesday consider buying # NQ100, # SP500, # DJI30 positions"
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