• Mon. Apr 15th, 2024

Fed Chair Jerome Powell’s Speech at Stanford Business, Government, and Society Forum: What to Expect on Interest Rates and Inflation

BySamantha Jones

Apr 4, 2024
Live Stream: Federal Reserve Chair Powell Speaks at Stanford Economic Policy Conference

Federal Reserve Chair Jerome Powell will be speaking at the Stanford Business, Government, and Society forum at 12:10 p.m. ET. If you do not see a player above at that time, please refresh the page. Powell will be delivering 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.

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

By Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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