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Stock impact report

Watch Live: Fed Chair Powell's Penultimate Press Conference [zero hedge]

Federated Hermes, Inc. (FHI) 
Last federated hermes, inc. earnings: 4/30 04:17 pm Check Earnings Report
Company Research Source: zero hedge
Watch Live: Fed Chair Powell's Penultimate Press Conference Fed Chair Powell may be wishing he had quit a month ago as he faces his penultimate press conference (perhaps) amid a dramatically changing global economic and geopolitical environment. Markets anticipate a "hawkish hold," with Powell reinforcing the statement's "hold" that The Fed is prioritizing caution amid heightened uncertainty . On the bright side, an activist judge rejected the Trump admin's suit against him - so one reporter is bound to ask him about that (and whether he will stay on as a Governor after his term is up). On the darker side - will the reporters ask all the tough questions about whether inflationary pressures from an oil crisis can be 'looked through' as transitory? Powell is expected, as usual, to emphasize patience, a data-dependent "wait-and-see" approach, and no rush for policy shifts. He'll likely downplay any major pivot, highlight dual-mandate risks (employment vs. price stability), and, as always Show less Read more
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