The market awaits Jerome Powell's speech on inflation and a possible interest rate cut. Featured stock indices: Itaú, BTG Pactual, BB Seguridade.
Jerome Powell, president of the Federal Reserve, once again made statements about the economy, stating that it is not likely that there will be an interest rate cut in March. According to Powell, the American central bank is waiting for more evidence that inflation is falling to the 2% level before making any decision. The market reacted mixed to these statements, with Wall futures Street showing decline.
The market is paying attention to the earnings season, with Itaú, BTG Pactual and BB Seguridade releasing their financial results. Furthermore, the news of the merger between Arezzo and Grupo Soma is also moving the market. The new company resulting from the merger will have 34 brands, more than 2 thousand stores and revenue of close to R$12 billion. Investors are keeping an eye on these movements to assess the impact on the markets.
Jerome Powell Faces Challenges in Federal Reserve's Decisive Week
This week promises to be full of expectations and speculation, with the president of the Federal Reserve, Jerome Powell, leading discussions on the monetary policy of the central bank American. To the evidence of a possible inflation have led many analysts to predict a interest rate cut, and Powell will have to deal with the pressures of market in relation to this decision.
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Jerome Powell's role at the Federal Reserve meeting
Federal Reserve Chairman Jerome Powell is in the spotlight due to discussions about the possibility of a 0,25 percentage point interest rate cut. This measure has a direct impact on markets, and Wall Street futures and international stock indices are anxiously awaiting any signal from the central bank.
What to expect from Jerome Powell's performance at the Federal Reserve
Investors and analysts are paying close attention to Jerome Powell's statements during the Federal Reserve meeting. The president will have to balance market expectations with economic data and the performance of companies like Itaú, BTG Actual, BB Seguridade, Bradesco, root e Usiminas. Furthermore, the merger agreement between brands e stores and the revenues These companies are also influencing markets.
The impact of Jerome Powell's decisions on the markets
Jerome Powell's actions at the Federal Reserve have a significant impact on the markets, especially on the preferred FII, which is very sensitive to any sign of monetary easing by the central bank. Investors and analysts are closely analyzing the Federal Reserve chairman's words and waiting for any indication of future changes in monetary policy. The week promises to be busy, with eyes focused on Jerome Powell and his decisions.
Source: moneytimes