{"id":212702,"date":"2024-09-30T10:30:00","date_gmt":"2024-09-30T14:30:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/campus\/?p=212702"},"modified":"2025-03-21T15:40:20","modified_gmt":"2025-03-21T19:40:20","slug":"fed-chair-jerome-powell-set-to-speak-as-economists-raise-concerns-over-risks-arising-from-potential-policy-missteps-and-2024-election","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/fed-chair-jerome-powell-set-to-speak-as-economists-raise-concerns-over-risks-arising-from-potential-policy-missteps-and-2024-election\/","title":{"rendered":"Fed Chair Jerome Powell Set To Speak As Economists Raise Concerns Over Risks Arising From Potential Policy Missteps And 2024 Election"},"content":{"rendered":"\n

Federal Reserve Chair Jerome Powell<\/strong> is scheduled to speak on Monday amid growing concerns among economists about potential policy mistakes and 2024 election risks<\/a>.<\/p>\n\n\n\n

What Happened<\/strong>: <\/h2>\n\n\n\n

The National Association for Business Economics (NABE) released a survey on Sunday revealing that 39% of 32 professional forecasters consider a \u201cmonetary policy mistake\u201d as the greatest threat to the U.S. economy over the next year.<\/p>\n\n\n\n

This concern surpasses the 23% who view the upcoming U.S. presidential election and the same percentage who worry about escalating conflicts in Ukraine and the Middle East as significant risks.<\/p>\n\n\n\n

Powell is expected to elaborate on the Federal Reserve\u2019s recent decision to cut its benchmark interest rate by 50 basis points during the Sep. 17-18 meeting. He will also discuss the framework for anticipated reductions in borrowing costs through the remainder of this year and into 2025.<\/p>\n\n\n\n

NABE President Ellen Zentner<\/strong> said, \u201cMore than half of the NABE Outlook Survey panelists believe the risks to their forecasts over the next 12 months are weighted to the downside.\u201d The survey also indicated that panelists have revised their economic growth forecasts higher for 2024 but lowered them for 2025.<\/p>\n\n\n\n

Powell\u2019s address is scheduled<\/a> for 12:55 p.m. CDT in Nashville, Tennessee.<\/p>\n\n\n\n

Why It Matters<\/strong>: <\/h2>\n\n\n\n

The Federal Reserve\u2019s recent interest rate cuts have been a focal point for both economists and investors. On Sept. 21, the Fed\u2019s half-point rate cut triggered a market rally. This move was seen as a positive signal for U.S. stocks and commodities,\u00a0reducing bond market volatility<\/a>.<\/p>\n\n\n\n

The subsequent Benzinga poll on Sep. 25 indicated that the rate cuts could benefit small-cap stocks<\/a>, making loans cheaper for companies needing capital for growth.<\/p>\n\n\n\n

Additionally, the Personal Consumption Expenditures Price Index report on Friday showed lower-than-expected inflation, strengthening confidence in the Fed\u2019s decision to cut rates<\/a>. This report is crucial as the PCE is the Fed\u2019s preferred inflation gauge and could influence future rate cuts.<\/p>\n\n\n\n

—<\/p>\n\n\n\n

Originally Posted September 30, 2024 – Fed Chair Jerome Powell Set To Speak As Economists Raise Concerns Over Risks Arising From Potential Policy Missteps And 2024 Election<\/a><\/p>\n\n\n\n

Disclaimer<\/em>:<\/strong>\u00a0This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Federal Reserve Chair\u00a0Jerome Powell\u00a0is scheduled to speak on Monday amid growing concerns among economists about potential\u00a0policy mistakes and 2024 election risks.<\/p>\n","protected":false},"author":1524,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18,6,8,9,26,3],"tags":[906,77,1685,84],"contributors-categories":[13584],"class_list":{"0":"post-212702","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-macro","7":"category-north-america","8":"category-region","9":"category-securities","10":"category-text-articles","11":"category-traders-insight","12":"tag-election","13":"tag-fed","14":"tag-macro","15":"tag-powell","16":"contributors-categories-benzinga"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"\nFed Chair Jerome Powell Set To Speak As Economists Raise Concerns Over Risks Arising From Potential Policy Missteps And 2024 Election<\/title>\n<meta name=\"description\" content=\"Federal Reserve Chair\u00a0Jerome Powell\u00a0is scheduled to speak on Monday amid growing concerns among economists about potential\u00a0policy mistakes and 2024...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/212702\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fed Chair Jerome Powell Set To Speak As Economists Raise Concerns Over Risks Arising From Potential Policy Missteps And 2024 Election | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"Federal Reserve Chair\u00a0Jerome Powell\u00a0is scheduled to speak on Monday amid growing concerns among economists about potential\u00a0policy mistakes and 2024 election risks.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/fed-chair-jerome-powell-set-to-speak-as-economists-raise-concerns-over-risks-arising-from-potential-policy-missteps-and-2024-election\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-30T14:30:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-21T19:40:20+00:00\" \/>\n<meta name=\"author\" content=\"Kaustubh Bagalkote\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kaustubh Bagalkote\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t \"@context\": \"https:\\\/\\\/schema.org\",\n\t \"@graph\": [\n\t {\n\t \"@type\": \"NewsArticle\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/fed-chair-jerome-powell-set-to-speak-as-economists-raise-concerns-over-risks-arising-from-potential-policy-missteps-and-2024-election\\\/#article\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/fed-chair-jerome-powell-set-to-speak-as-economists-raise-concerns-over-risks-arising-from-potential-policy-missteps-and-2024-election\\\/\"\n\t },\n\t \"author\": {\n\t \"name\": \"Kaustubh Bagalkote\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/aa7159d34203864aa3b7bf32ddb065f7\"\n\t },\n\t \"headline\": \"Fed Chair Jerome Powell Set To Speak As Economists Raise Concerns Over Risks Arising From Potential Policy Missteps And 2024 Election\",\n\t \"datePublished\": \"2024-09-30T14:30:00+00:00\",\n\t \"dateModified\": \"2025-03-21T19:40:20+00:00\",\n\t \"mainEntityOfPage\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/fed-chair-jerome-powell-set-to-speak-as-economists-raise-concerns-over-risks-arising-from-potential-policy-missteps-and-2024-election\\\/\"\n\t },\n\t \"wordCount\": 387,\n\t \"commentCount\": 0,\n\t \"publisher\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t },\n\t \"keywords\": [\n\t \"election\",\n\t \"Fed\",\n\t \"macro\",\n\t \"Powell\"\n\t ],\n\t \"articleSection\": [\n\t \"Macro\",\n\t \"North America\",\n\t \"Region\",\n\t \"Securities\",\n\t \"Text Articles\",\n\t \"Traders' Insight\"\n\t ],\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"CommentAction\",\n\t \"name\": \"Comment\",\n\t \"target\": [\n\t \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/fed-chair-jerome-powell-set-to-speak-as-economists-raise-concerns-over-risks-arising-from-potential-policy-missteps-and-2024-election\\\/#respond\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"WebPage\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/fed-chair-jerome-powell-set-to-speak-as-economists-raise-concerns-over-risks-arising-from-potential-policy-missteps-and-2024-election\\\/\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/fed-chair-jerome-powell-set-to-speak-as-economists-raise-concerns-over-risks-arising-from-potential-policy-missteps-and-2024-election\\\/\",\n\t \"name\": \"Fed Chair Jerome Powell Set To Speak As Economists Raise Concerns Over Risks Arising From Potential Policy Missteps And 2024 Election | IBKR Campus US\",\n\t \"isPartOf\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t },\n\t \"datePublished\": \"2024-09-30T14:30:00+00:00\",\n\t \"dateModified\": \"2025-03-21T19:40:20+00:00\",\n\t \"description\": \"Federal Reserve Chair\u00a0Jerome Powell\u00a0is scheduled to speak on Monday amid growing concerns among economists about potential\u00a0policy mistakes and 2024 election risks.\",\n\t \"inLanguage\": \"en-US\",\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"ReadAction\",\n\t \"target\": [\n\t \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/traders-insight\\\/securities\\\/macro\\\/fed-chair-jerome-powell-set-to-speak-as-economists-raise-concerns-over-risks-arising-from-potential-policy-missteps-and-2024-election\\\/\"\n\t ]\n\t }\n\t ]\n\t },\n\t {\n\t \"@type\": \"WebSite\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t \"name\": \"IBKR Campus US\",\n\t \"description\": \"Financial Education from Interactive Brokers\",\n\t \"publisher\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t },\n\t \"potentialAction\": [\n\t {\n\t \"@type\": \"SearchAction\",\n\t \"target\": {\n\t \"@type\": \"EntryPoint\",\n\t \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t },\n\t \"query-input\": {\n\t \"@type\": \"PropertyValueSpecification\",\n\t \"valueRequired\": true,\n\t \"valueName\": \"search_term_string\"\n\t }\n\t }\n\t ],\n\t \"inLanguage\": \"en-US\"\n\t },\n\t {\n\t \"@type\": \"Organization\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t \"name\": \"Interactive Brokers\",\n\t \"alternateName\": \"IBKR\",\n\t \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t \"logo\": {\n\t \"@type\": \"ImageObject\",\n\t \"inLanguage\": \"en-US\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t \"width\": 669,\n\t \"height\": 669,\n\t \"caption\": \"Interactive Brokers\"\n\t },\n\t \"image\": {\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t },\n\t \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t },\n\t {\n\t \"@type\": \"Person\",\n\t \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/aa7159d34203864aa3b7bf32ddb065f7\",\n\t \"name\": \"Kaustubh Bagalkote\",\n\t \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/kaustubh1bagalkote\\\/\"\n\t }\n\t ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Fed Chair Jerome Powell Set To Speak As Economists Raise Concerns Over Risks Arising From Potential Policy Missteps And 2024 Election","description":"Federal Reserve Chair\u00a0Jerome Powell\u00a0is scheduled to speak on Monday amid growing concerns among economists about potential\u00a0policy mistakes and 2024...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/212702\/","og_locale":"en_US","og_type":"article","og_title":"Fed Chair Jerome Powell Set To Speak As Economists Raise Concerns Over Risks Arising From Potential Policy Missteps And 2024 Election | IBKR Campus US","og_description":"Federal Reserve Chair\u00a0Jerome Powell\u00a0is scheduled to speak on Monday amid growing concerns among economists about potential\u00a0policy mistakes and 2024 election risks.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/fed-chair-jerome-powell-set-to-speak-as-economists-raise-concerns-over-risks-arising-from-potential-policy-missteps-and-2024-election\/","og_site_name":"IBKR Campus US","article_published_time":"2024-09-30T14:30:00+00:00","article_modified_time":"2025-03-21T19:40:20+00:00","author":"Kaustubh Bagalkote","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Kaustubh Bagalkote","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/fed-chair-jerome-powell-set-to-speak-as-economists-raise-concerns-over-risks-arising-from-potential-policy-missteps-and-2024-election\/#article","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/fed-chair-jerome-powell-set-to-speak-as-economists-raise-concerns-over-risks-arising-from-potential-policy-missteps-and-2024-election\/"},"author":{"name":"Kaustubh Bagalkote","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/aa7159d34203864aa3b7bf32ddb065f7"},"headline":"Fed Chair Jerome Powell Set To Speak As Economists Raise Concerns Over Risks Arising From Potential Policy Missteps And 2024 Election","datePublished":"2024-09-30T14:30:00+00:00","dateModified":"2025-03-21T19:40:20+00:00","mainEntityOfPage":{"@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/fed-chair-jerome-powell-set-to-speak-as-economists-raise-concerns-over-risks-arising-from-potential-policy-missteps-and-2024-election\/"},"wordCount":387,"commentCount":0,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"keywords":["election","Fed","macro","Powell"],"articleSection":["Macro","North America","Region","Securities","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/fed-chair-jerome-powell-set-to-speak-as-economists-raise-concerns-over-risks-arising-from-potential-policy-missteps-and-2024-election\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/fed-chair-jerome-powell-set-to-speak-as-economists-raise-concerns-over-risks-arising-from-potential-policy-missteps-and-2024-election\/","url":"https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/fed-chair-jerome-powell-set-to-speak-as-economists-raise-concerns-over-risks-arising-from-potential-policy-missteps-and-2024-election\/","name":"Fed Chair Jerome Powell Set To Speak As Economists Raise Concerns Over Risks Arising From Potential Policy Missteps And 2024 Election | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"datePublished":"2024-09-30T14:30:00+00:00","dateModified":"2025-03-21T19:40:20+00:00","description":"Federal Reserve Chair\u00a0Jerome Powell\u00a0is scheduled to speak on Monday amid growing concerns among economists about potential\u00a0policy mistakes and 2024 election risks.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibkrcampus.com\/campus\/traders-insight\/securities\/macro\/fed-chair-jerome-powell-set-to-speak-as-economists-raise-concerns-over-risks-arising-from-potential-policy-missteps-and-2024-election\/"]}]},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/aa7159d34203864aa3b7bf32ddb065f7","name":"Kaustubh Bagalkote","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/kaustubh1bagalkote\/"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/212702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/1524"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=212702"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/212702\/revisions"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=212702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=212702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=212702"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=212702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}