Forexlive: Powell's speech tomorrow night is more important than the non-farm payroll

TechFlow, April 3 — According to Jinshi Data, financial website Forexlive stated that Powell's speech on Friday will be more significant than the non-farm payroll data. The market has fully priced in expectations for a June rate cut, but all comments from Fed officials on tariffs have turned more hawkish. If Powell's tone also turns hawkish, beware of a severe repricing of market expectations for Fed rate cuts.