Heads up: Fed Chair Powell set to speak tonight, but don’t expect monetary policy comments

Fed Chair Powell will speak at a George Shultz Memorial Event today at 01:00 GMT/20:00 ET. He will deliver some brief remarks and participate in a Q&A session.

You can sleep well because he’s not going to touch on monetary policy given that the Fed is in the blackout period.

As a reminder, the Fed blackout period starts the second Saturday preceding an FOMC meeting and ends the Thursday following the meeting. Federal Reserve policy limits the extent to which FOMC participants and staff can speak publicly or grant interviews during Federal Reserve blackout periods.

This article was written by Giuseppe Dellamotta at investinglive.com.