TechFlow News, March 30: According to foreign media reports, this week’s U.S. market calendar features several notably intriguing events. As the month transitions from March to April, labor market data will re-enter the spotlight this week. First, however, Federal Reserve Chair Jerome Powell is scheduled to appear later today (22:30). Aside from closely monitoring U.S.-Iran headline risks, Powell’s appearance will be the most significant item on the agenda. Powell is set to participate in a moderated discussion for Harvard University’s Principles of Economics course—a standard component of the university’s introductory economics curriculum. Though no specific topic has been announced, Powell is expected to cover a broad range of subjects, including the economy, inflation, and monetary policy. Analysts anticipate he will avoid politically sensitive topics such as the politicization of the Fed.
Nonetheless, it is reasonable to expect Trump to lash out at Powell again following this event—particularly if Powell signals the Fed’s desire to pause rate adjustments and retain policy flexibility amid the Middle East situation. Ironically, Trump himself is largely responsible for creating this predicament. Yet it remains certain that Trump will still blame Powell for failing to cut rates. (Jinshi)
