Crypto and Stocks Brace for Jerome Powell Speech Today: What to Expect?

Global markets are on edge as Federal Reserve Chair Jerome Powell prepares to deliver his much-anticipated speech on "Economic Outlook and Monetary Policy" before the National Association for Business Economics in Philadelphia. This marks his first major appearance since the Fed's September policy meeting, where interest rates were cut by 25 basis points.

Investors are scrutinizing Powell's remarks for signals on future rate cuts. Philadelphia Fed President Anna Paulson has already voiced support for further easing, citing growing risks to employment and muted inflation pressures from trade tariffs. "Monetary policy should be focused on balancing risks to maximum employment and price stability," she stated, advocating a shift toward neutral policy.

The crypto market, like traditional assets, remains sensitive to macroeconomic cues. Powell's tone—whether dovish or cautious—could trigger volatility across Bitcoin, Ethereum, and altcoins. Market participants await clarity on whether the Fed will prioritize inflation control or labor market stability in its next moves.