What Markets Want to Hear From Fed's Powell

The video discusses expectations for Jerome Powell's testimony before Congress, focusing on his steady communication style and the potential market impact. Kieran Calder, head of Equity Research Asia at JBP, highlights the importance of Powell addressing recent market volatility and strong job numbers. Success for Powell would involve calming the markets and communicating a stable direction for interest rates.

What is the main focus of Powell's upcoming testimony?

• Discussing new economic policies

• Maintaining a steady approach

• Introducing new tax reforms

• Announcing interest rate cuts

What are the two main objectives of the Fed that Powell is expected to emphasize?

• Balanced budget and trade surplus

• Increased exports and reduced imports

• High inflation and low unemployment

• Stable prices and maximum employment

Why is the market reaction to Fed communication considered important?

• It affects the national budget

• It determines the success of fiscal policies

• It serves as a key indicator of economic stability

• It influences global trade agreements

What would be considered a success for Powell in his testimony?

• Introducing new monetary policies

• Calming the markets and indicating stable interest rates

• Increasing the federal budget

• Reducing the national debt

How long has Powell been associated with the Fed before this testimony?

• Since 2010

• Since 2012

• Since 2014

• Since 2016