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

Odaily News "A 50 basis point rate cut by the Fed in November is still seen as a possibility," IG analysts said in a report. They said Powell's speech is unlikely to change many views, although he may reiterate his comments on the Fed's recent interest rate decision. (Jinshi) Earlier news, at 01:55 am tomorrow, Federal Reserve Chairman Powell will deliver a speech to the National Association for Business Economics. In an uncertain period full of "noise", Powell may indicate the future policy direction of the Federal Reserve in this speech.