April 16, 2025 10:09:21 UTC
FED Chair Jerome Powell to Address Economy, Inflation Today
Federal Reserve Chair Jerome Powell will speak today at 11:30 AM ET, discussing inflation data and economic prospects. His remarks come amid rising market volatility driven by U.S. tariffs and inflation concerns. Investors are watching closely for clues on the Fed’s policy stance ahead of the May 6–7 FOMC meeting. With stagflation fears looming and inflation expectations rising, Powell’s tone could significantly sway markets, especially Bitcoin, which may experience sharp volatility today.