Watch Live: Will Fed Chair Powell Admit He Can Now See The 'Flation'?

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by Tyler Durden
Tuesday, May 14, 2024 - 01:55 PM

Squeezed in between today's (hotter than expected) PPI and tomorrow's CPI, Fed Chair Jay Powell will join The ECB's Dutch Central Banker Klaus Knot at the annual general meeting of the Foreign Bankers' Association.

After PPI - and a wave of higher prices across various indicators - will Powell admit that he can now see the 'flation'?

...and if not, will he explain why he is so desperate to start cutting rates (before November?)...

Watch Powell speak live here (due to start at 10amET)... (FBA has blocked playback on all other sites except YouTube, so no embed: click on the image to link to the YouTube stream)...