[WATCH LIVE] Fed Chair Powell to speak at Harvard at 15:30BST/10:30EDT

Fed Chair Powell's speech will likely offer insights into the Fed's current policy stance and future monetary direction, influencing market expectations around interest rates.

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[WATCH LIVE] Fed Chair Powell to speak at Harvard at 15:30BST/10:30EDT

G-7 joint communique states that central banks remain strongly committed to price stability, with monetary policy to remain data dependent; all countries to refrain from imposing unjustified export restrictions on hydrocarbons and related products

Fed's Miran (voter) says there is no evidence of a wage price spiral, speaking to CNBC; such an outcome appears extremely unlikely. Inflation expectations have not been affected yet by elevated oil prices.

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Given the significance of such addresses, traders will closely monitor for any hints that may impact the USD, as well as broader implications for fixed income and forex markets.

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