Federal Reserve Chair Jerome Powell is scheduled to give a speech at the National Association for Business Economists’ annual conference in Nashville. This speech is highly anticipated as Powell will share his assessment of the economy and his policy views. The event will also include a moderated discussion with Ellen Zentner, who is the global head of thematic and macro investing at Morgan Stanley Wealth Management.
This speech comes on the heels of the Federal Open Market Committee’s recent decision to cut its key overnight borrowing rate by half a percentage point. This was the first rate reduction in over four years. Market analysts are expecting further rate cuts to be announced this year and possibly in 2025, depending on how the economic data unfolds.
The live stream of Powell’s speech is scheduled to begin at 1:55 p.m. ET. If you do not see the player above at that time, please refresh the page. This event provides a unique opportunity to hear directly from the Federal Reserve Chair about the current state of the economy and the future direction of monetary policy.
For those who are unable to attend the conference in person, the speech will be available for viewing on CNBC’s YouTube channel. Make sure to subscribe to CNBC on YouTube to stay updated on all the latest financial news and analysis.
Overall, Powell’s speech at the NABE conference is expected to provide valuable insights into the Federal Reserve’s thinking and its approach to managing the economy. This event is a must-watch for anyone interested in understanding the dynamics of monetary policy and its impact on the broader economy.
