Live Stream: Federal Reserve Chair Powell Speaks at Stanford Economic Policy Conference

Fed Chair Jerome Powell’s Address at Stanford Business, Government, and Society Forum: What to Expect from the Upcoming Rate Cuts

Jerome Powell, the Federal Reserve Chair, is set to deliver a speech at the Stanford Business, Government, and Society forum. The stream will begin at 12:10 p.m. ET and can be viewed on this page. During his address, Powell will provide prepared remarks followed by a question-and-answer session with a moderator.

During the Fed’s meeting last month, Powell emphasized the need for more evidence that inflation is easing before considering cutting rates. He indicated that interest rates are likely to be lowered later this year but the timing is uncertain. Powell and other officials mentioned that they need further data to confirm that inflation is moving towards the Fed’s 2% target.

Atlanta Fed President Raphael Bostic mentioned that there could be just one rate cut this year while other members of the Federal Open Market Committee have suggested three cuts. Markets are expecting the Fed to begin easing either in June or July with a total of three cuts anticipated by the end of 2024.

Stay tuned for updates and information from Jerome Powell’s speech by subscribing to CNBC on YouTube.

Leave a Reply

Pet Business Owner Happy After Downsizing Previous post Resilience and Inspiration: Judy Nunez’s Journey with Tails on Trails in the ‘My Economy’ Series
Hamilton County Health Department Releases 2024 Health Assessment in Local News Next post Exploring the Health Status of Hamilton County: A Comprehensive Community Assessment for 2024