Highlights
The U.S. Federal Reserve Open Market Committee (FOMC) or Fed meeting and the Jerome Powell speech today are crucial macroeconomic events for worldwide financial markets. Such events influence investors, policymakers, and the crypto market, making it the key event to monitor this week. As investors eye Fed Chair’s speech, let’s discuss where and how you can watch this event live and what to expect.
The Jerome Powell speech will be held today after the Fed meeting, which began on March 18, 20125, and will end on March 19, 2025. This is important because this comes amid the heightened market uncertainty after U.S. President Donald Trump began the trade war by introducing tariffs on Mexico and Canada.
This factor and others led to the recent crypto market crash, wiping nearly a trillion within a few days. As a result, the FOMC meeting’s decision on the interest rate is critical. The rate cuts could influence the investors’ sentiments to take risks and trade in cryptocurrencies.
However, analysts anticipate the interest rates to remain steady at 4.25% to 4.50% this March, which has been unchanged since December 2024. Interestingly, it was anticipated that the Fed would implement two quarter-point rate cuts in 2025, but analysts believe the current policy will likely stay maintained in the meeting.
“The Fed would likely prefer to wait until they have policy clarity and a clear line of vision into the economic outlook, suggesting that policy easing will be delayed until late second quarter or even early third quarter,” said Seema Shah (Chief global strategist at Principal Asset Management.)
The Fed meeting is a prominent U.S. macroeconomic event, where the officials come together eight or more times yearly to discuss the country’s economic outlook. One such FOMC meeting is in progress after it began on Tuesday, March 18.
With the completion of the meeting today, the Fed Chair meeting speech or press conference will be held right after this to discuss the Fed’s economic outlook. Here’s the schedule:
Date: March 19, 2025
Policy Decision Time: 2:00 P.M. ET or 6:00 P.M,
Powell’s Press Conference: 2:30 P.M. ET
Key Event: Interest rate decision and other FOMC’s economic projections
The Jerome Powell speech will go live on multiple platforms. It includes their official pages, news sites, and YouTube platforms. The prominent platforms are:
Additional Financial News Networks:
Investors and commoners can expect to hear Powell discussing various things, including the Fed’s interest rate policy and changes. In addition, he will provide the inflation outlook and the Fed’s approach toward controlling U.S. price stability.
Powell might also discuss the risks of recession, the economic impact of tariffs and global events, the stock market reaction, and future monetary policies. The FOMC members would also release their updated summary on key economic projects: the GDP growth, inflation, unemployment, and the federal funds rate forecasts to be discussed.
Some experts even believe that the officials may approve the QT pause in this meeting.
FOMC’s interest rate decision is a key event, eyed by investors worldwide as it could bring uncertainty to the financial markets, including crypto. At the same time, the right decision and discussion would influence investors’ sentiments and financial market recoveries. Traders, investors, and the rest could watch Jerome Powell speech live at 2:30 P.M. ET, where he will likely announce the unchanged interest rates. Stay tuned for further updates.
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