{"id":65827,"date":"2023-01-10T09:00:27","date_gmt":"2023-01-10T14:00:27","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=65827"},"modified":"2023-01-10T09:01:56","modified_gmt":"2023-01-10T14:01:56","slug":"coffee-with-greta-powell-in-focus","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2023\/01\/10\/coffee-with-greta-powell-in-focus\/","title":{"rendered":"Coffee With Greta: Powell In Focus"},"content":{"rendered":"

DJIA Futures: <\/b>-146 (-0.4%)<\/span><\/p>\n

SPX Futures: <\/b>-18 (-0.5%)<\/span><\/p>\n

NASDAQ Futures: <\/b>-77 (-0.7%)<\/span><\/p>\n

Good morning friends!<\/span><\/p>\n

Futures are down as traders wait to hear what Fed Chair Jerome Powell will say in Sweden.<\/span><\/p>\n

Let\u2019s get right to it!<\/span><\/p>\n

All Eyes On Powell<\/span><\/h2>\n

Fed Chair Jerome Powell is speaking at a Central Bank event in Sweden this morning.\u00a0<\/span><\/p>\n

Wall Street is closely watching that speech for any comments on his views about inflation and the Fed\u2019s plans in 2023.\u00a0<\/span><\/p>\n

The Central Bank does not hold its first meeting until January 31 – February 1.\u00a0<\/span><\/p>\n

CME Group\u2019s <\/span>FedWatch<\/span><\/a> Tool shows 77.1% of traders expect the FOMC to pivot to a smaller 0.25% rate hike at that meeting.<\/span><\/p>\n

Bed Bath & Beyond Reports Steep Fiscal Q3 Loss<\/span><\/h2>\n

Bed Bath & Beyond <\/b>(BBBY) shares are up 4.3% ahead of the open despite reporting a steeper fiscal Q3 loss than expected.\u00a0<\/span><\/p>\n

Here\u2019s how the retailer\u2019s results compared to analysts\u2019 expectations:\u00a0<\/span><\/p>\n