Forexlive: Powell's speech tomorrow night is more important than the non-farm payrolls

ChainCatcher news, according to Jinshi Data reports, the financial website Forexlive stated that the importance of Powell's speech on Friday will outweigh the non-farm payroll data. The market has fully priced in the expectation of a rate cut in June, but all comments from Federal Reserve officials on tariff issues have become more hawkish.

If Powell's wording also turns hawkish, then be cautious as the market's expectations for a Federal Reserve rate cut may undergo a significant repricing.