Powell

• With less than two weeks to go to another hotly anticipated Federal Reserve meeting, today’s speech by Chairman Jerome Powell at 12:30 p.m. will be monitored closely by investors looking for any update on his thinking for the next policy move.
• While an interest rate cut is expected at the Sept. 17-18 gathering, policymakers remain split on the need for how much, if any, easing is needed.
• Powell’s speech will be the last scheduled public comments by an FOMC member ahead of that decision.

(Source: Bloomberg)