According to Odaily, Federal Reserve Chair Jerome Powell is scheduled for an interview at the DealBook/Summit conference, organized by The New York Times. The interview will take place at 2:45 AM on December 5, 2024, UTC+8. This event is anticipated to provide insights into the Federal Reserve's current economic perspectives and future policy directions.
Following the interview, the Federal Reserve will release the Beige Book at 3:00 AM, UTC+8. The Beige Book is a comprehensive report that offers a detailed overview of the current economic conditions across various regions in the United States. It is a critical document for understanding the economic landscape and is often used by policymakers to gauge economic trends and inform monetary policy decisions.
The timing of these events is significant as they come at a crucial moment when global markets are closely monitoring the Federal Reserve's actions and statements for indications of future interest rate adjustments and economic strategies. The insights from Powell's interview and the Beige Book are expected to influence market expectations and economic forecasts.