❌ Powell’s speech was scheduled in advance. There is nothing urgent or particularly surprising to expect from it. 👉 More importantly, Powell is no longer the Fed Chair, so this has nothing to do with monetary policy. Jerome Powell is simply set to speak as part of the ceremony where he will receive the John F. Kennedy Profile in Courage Award in Boston. This award is presented annually to public figures who have demonstrated moral courage. Powell is being recognized for defending and preserving the independence of the Federal Reserve, particularly in the face of political pressure from the government and, notably, from Trump. Unfortunately, the laws of X mean that this post will likely generate far fewer impressions than this Fake news post created solely to drive engagement, @nikitabier @elonmusk