- Analytics
- News and Tools
- Market News
- Fed Chair Powell to likely sound more cautious than usual – TD Securities
Fed Chair Powell to likely sound more cautious than usual – TD Securities
Analysts at TD Securities share a brief preview of this week's key macroeconomic events from the US.
Looking for payrolls to lose momentum
The FOMC meeting will grab the headlines this week amid a very busy data calendar for the US. Chair Powell will likely sound more cautious than usual, with a hawkish bent, regarding the policy outlook. "Higher for longer" will likely remain the name of the game for now. We also expect the Fed to announce a preliminary plan to taper QT starting in June.
We also look for payrolls to lose momentum at the start of the second quarter following Q1's notable showing, while ECI growth likely picked up modestly. The QRA, the March JOLTS report and the ISM surveys for April will also garner attention this week.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
