CNBC's Jim Cramer on Tuesday warned about the stock market implications of Federal Reserve Chairman Jerome Powell's upcoming post-meeting news conference.

The Fed is set to release its policy statement at 2 p.m. ET on Wednesday, at the conclusion of its two-day June gathering. Powell's Q&A session with reporters is scheduled to follow. Powell's comments are being highly anticipated across Wall Street, as traders and investors look for fresh insights into how the Fed will respond to a series of recent data points showing inflation across the U.S. economy.

On "Squawk Box," Cramer said he expects Powell to face "endless heckling" from journalists about whether the central bank's highly accommodative monetary policy remains appropriate at this stage of the economy's recovery from the Covid pandemic.

More in category

Cramer's lightning round: Astra Space is a good spec at the right price
July 27, 2021CNBC
Cramer's lightning round: Astra Space is a good spec at the right price
Opinion: Politicians love their power to goose the economy and stocks but it comes at a high price
July 26, 2021MarketWatch
Opinion: Politicians love their power to goose the economy and stocks but it comes at a high price
Fed is walking ‘bit of a tightrope’ between downside risks and inflation
July 27, 2021MarketWatch
Fed is walking ‘bit of a tightrope’ between downside risks and inflation
Apple sees profit nearly double as iPhone sales boom
July 27, 2021MarketWatch
Apple sees profit nearly double as iPhone sales boom
Opinion: Help seniors by simplifying Medicare’s complex system for deductibles and co-pays
July 27, 2021MarketWatch
Opinion: Help seniors by simplifying Medicare’s complex system for deductibles and co-pays
Mattel swings to surprise quarterly profit as sales rise 40%
July 27, 2021MarketWatch
Mattel swings to surprise quarterly profit as sales rise 40%
Hey Intel, AMD’s CEO is also ready to ‘fight for every socket,’ while producing strong growth
July 27, 2021MarketWatch
Hey Intel, AMD’s CEO is also ready to ‘fight for every socket,’ while producing strong growth
Starbucks swings to quarterly profit, but sees inflation, wages pushing U.S. costs higher
July 27, 2021MarketWatch
Starbucks swings to quarterly profit, but sees inflation, wages pushing U.S. costs higher
Google’s wave of digital ad sales helps it crush revenue, earnings estimates
July 27, 2021MarketWatch
Google’s wave of digital ad sales helps it crush revenue, earnings estimates
Microsoft tops $60 billion in annual earnings for the first time to cap another record-breaking year
July 27, 2021MarketWatch
Microsoft tops $60 billion in annual earnings for the first time to cap another record-breaking year
Big 5 tech stocks now account for 23% of the S&P 500
July 26, 2021MarketWatch
Big 5 tech stocks now account for 23% of the S&P 500
Apple profit nearly doubles as iPhone sales boom, but growth slowdown projected
July 27, 2021MarketWatch
Apple profit nearly doubles as iPhone sales boom, but growth slowdown projected
Biden says requiring all federal employees to be vaccinated 'under consideration'
July 27, 2021MarketWatch
Biden says requiring all federal employees to be vaccinated 'under consideration'
CDC: Vaccinated Americans should start wearing masks again in public indoor spaces in areas with high COVID-19 transmission rates
July 27, 2021MarketWatch
CDC: Vaccinated Americans should start wearing masks again in public indoor spaces in areas with high COVID-19 transmission rates
DeFi could revolutionize finance. Can regulators do anything about it?
July 27, 2021MarketWatch
DeFi could revolutionize finance. Can regulators do anything about it?
Stunning setbacks in Tokyo for U.S. gymnastics standout Simone Biles and tennis star Naomi Osaka of Japan
July 27, 2021MarketWatch
Stunning setbacks in Tokyo for U.S. gymnastics standout Simone Biles and tennis star Naomi Osaka of Japan
CDC reverses policy on face masks amid reports of breakthrough infections with delta variant of COVID-19
July 27, 2021MarketWatch
CDC reverses policy on face masks amid reports of breakthrough infections with delta variant of COVID-19
I’m retiring on my 78th birthday, have more than $200,000 in savings and share expenses with my 80-year-old boyfriend. Will I be OK?
July 27, 2021MarketWatch
I’m retiring on my 78th birthday, have more than $200,000 in savings and share expenses with my 80-year-old boyfriend. Will I be OK?
Opinion: Why stock-trading apps like Robinhood plus social media are a potent brew for investors
July 23, 2021MarketWatch
Opinion: Why stock-trading apps like Robinhood plus social media are a potent brew for investors
FICO scores leave out ‘people on the margins,’ Upstart’s CEO says. Can AI make lending more inclusive — without creating bias of its own?
July 23, 2021MarketWatch
FICO scores leave out ‘people on the margins,’ Upstart’s CEO says. Can AI make lending more inclusive — without creating bias of its own?
These 2 Blue-Chip Stocks Could Send Markets Lower Wednesday Morning
July 27, 2021The Motley Fool
These 2 Blue-Chip Stocks Could Send Markets Lower Wednesday Morning