Fed speeches to be broadly balanced - TDS

Expectations of Research Team at TDS, from the Fed speeches this week is for the tone to be broadly balanced, reflecting the Fed’s cautious optimism towards the outlook.

Key Quotes

“We think that they will acknowledge tightness in financial conditions but stop short of offering an assessment on the rest of the economy. Powell's speech on Fed comms could be revealing, and Brainard's speech (titled "International Monetary Policy Synchronization") has the G20 conspiracy theorists among us getting creative.”