• Thu. Apr 25th, 2024

Fed Chair Jerome Powell to Deliver Prepared Remarks in Live Stream at Stanford Business Forum

BySamantha Nguyen

Apr 3, 2024
Live Stream: Federal Reserve Chair Powell Speaks at Stanford Economic Policy Conference

The live stream featuring Federal Reserve Chair Jerome Powell will begin at 12:10 p.m. ET. If you do not see a player, please refresh the page. Powell will be delivering prepared remarks followed by a question-and-answer session with a moderator at the Stanford Business, Government, and Society forum.

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.

For more updates and information from Jerome Powell’s speech, subscribe to CNBC on YouTube.

By Samantha Nguyen

As a content writer at newsqwe.com, I am passionate about crafting engaging and informative articles that captivate our audience. With a background in journalism and a keen eye for detail, I strive to deliver content that is not only well-researched but also adds value to our readers' lives. From breaking news stories to in-depth features, I take pride in my ability to tell compelling stories that resonate with our diverse audience. When I'm not typing away at my keyboard, you can find me exploring new cafes, practicing yoga, or getting lost in a good book. I am thrilled to be a part of the newsqwe.com team and look forward to sharing my love for writing with all of our readers.

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