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Jerome Powell's Bombshell: What it Means for Your Wallet

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 The central bank leader speaks Monday to the National Association for Business Economists in Nashville.  The appearances comes two weeks ahead of when the central bank will announce is decision on interest rates.  Fed Chair Jerome Powell speaks to the Wilson Center's Washington Forum on the Canadian Economy.  Fed Chairman Jerome Powell spoke Wednesday in a question-and-answer session at the Economic Club of Washington, D.C.  Monday was Powell's first public speaking appearance since the consumer price index report for June showed cooling inflation.

 For all the attention being paid to the speech, the chances of it containing any new news seem remote.  The appearances comes two weeks ahead of when the central bank will announce is decision on interest rates.  The central bank leader speaks Monday to the National Association for Business Economists in Nashville.  The Federal Reserve left rates unchanged in January.

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