First published at 16:07 UTC on March 7th, 2023.
As head of the Federal Reserve, which controls short term interest rates, Fed Chairman Powell has the greatest influence over the U.S. dollar's value and thus global economies. Traders closely watch his speeches as they are often used to drop h…
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As head of the Federal Reserve, which controls short term interest rates, Fed Chairman Powell has the greatest influence over the U.S. dollar's value and thus global economies. Traders closely watch his speeches as they are often used to drop hints regarding future monetary policy.
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