Fed’s Bowman and Powell will both speak on Monday. Let the 25 vs. 50 battle (re) commence!

1250 GMT / 0850 US Eastern time:

Federal Reserve Board Governor Michelle Bowman discusses the economic outlook and monetary policy before the Georgia Bankers Association President/CEO Conference

Bowman dissented at the most recent Federal Open Market Committee (FOMC) meeting. In favour of a 25bp rate cut vs. the 50bp that was passed. Bowman spoke last week:

Fed’s Bowman: Data points continue to show economic strength

I posted on the super US economy earlier, wondering aloud about the wisdom of slashing rates right now:

US economy – “There is no denying it: among the best performing economies in 35+ years”

Anyway, coming up at 1755 GMT / 1355 US Eastern time we get the hear from the big guy himself, Federal Reserve Chair Jerome Powell

speaks on the economic outlook before the National Association for Business Economics 66th Annual Meeting, “Finding Harmony in the Noise: Transitioning to a New Normal”

This article was written by Eamonn Sheridan at www.forexlive.com.