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Federal Reserve System (Fed) Governor Powell Speech

Country:
United States
USD, US dollar
Sector:
Money

FED Governor Speech affects USD depending on the speech rhetoric. If the speech is seen as an intention to raise the rates at the next FOMC meeting, this has a positive impact on USD and vice versa.

The Fed Board of Governors develops and implements the country's monetary policy, therefore the statements of its members may momentarily affect the market.