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.

In what ways might Powell's communication impact the volatility observed in the markets?

What specific market conditions are expected to be addressed during Powell's testimony?