Speaking in Zurich
The topic it is certainly relevant: Economic outlook and monetary policy.
It is the last opportunity before the blackout period for a Fed official to speak.
The Fed is expected to cut rates at the September 18 meeting by 25 basis points.
The expectations for a 50 basis point cut is down to about 12.5%. It was is high as 26% this week.
There is no scheduled release of his text. However, there should be a Q&A session and the session is being broadcast live.
