JEROME POWELL SPEAKS TODAY
Wall Street is closely watching the speech of Federal Reserve Chairman Jerome Powell, scheduled for later in the session on Wednesday, although the overall tone seems optimistic. Salesforce has positively surprised with its third-quarter results, while in Europe, the French Government is facing a motion of no confidence.
Investors will be attentive to his comments in search of new clues about the central bank's plans regarding interest rates.
This speech comes just weeks before the last meeting of the U.S. central bank in 2024, where policymakers are expected to decide to cut interest rates again by 25 basis points.
