The Federal Reserve Chair, Jerome Powell, is scheduled to speak at the Society for Advancing Business Editing and Writing conference in Arlington, Virginia. The event is set to start at 11:25 p.m. ET, with a live stream available for viewers to watch. If the player does not appear at the designated time, a page refresh may be necessary.
Powell’s appearance at the conference comes amid a backdrop of heightened market uncertainty surrounding President Donald Trump’s aggressive tariffs against U.S. trading partners. In March, the Federal Reserve voted to keep its benchmark interest rate unchanged, citing concerns over trade policy. While some Fed officials have hinted at the possibility of rate cuts in the future, the markets are currently pricing in four or five cuts for the year.
The ongoing trade tensions and the uncertainty they bring have put pressure on the economy, with some analysts raising the odds of a recession occurring this year to 60%. Powell’s speech and the subsequent Q-and-A session are expected to provide insights into the Fed’s stance on the current economic climate and its plans for the future.
For those interested in watching the event live, a stream will be available on CNBC’s YouTube channel. Viewers can subscribe to the channel to receive updates and notifications about future events and news coverage.
As investors and market participants eagerly await Powell’s remarks, the financial world will be closely watching for any hints or signals about the Fed’s monetary policy direction in light of the ongoing trade tensions and economic uncertainties. Stay tuned for updates and analysis following Powell’s speech at the conference.