Federal Reserve Chairman Jerome Powell is scheduled to give a speech at a European Central Bank forum on Tuesday. The event is set to begin at 9:30 a.m. ET and will focus on the global economy amid policy shifts. It will take place in Sintra, Portugal.
Powell’s speech comes on the heels of the U.S. Federal Reserve’s decision to keep interest rates unchanged at its last policy meeting. Despite pressure from President Donald Trump to lower borrowing costs, Powell has indicated that the central bank is in a good position to hold off on a rate cut for now.
His comments at the forum are particularly significant as the market awaits key jobs data that is set to be released later in the week. Investors will be closely watching for any hints or clues from Powell regarding the Fed’s future monetary policy decisions.
For those who are unable to attend the event in person, CNBC Television will be live streaming the forum. Viewers can tune in to CNBC’s coverage to listen to Powell’s remarks and gain insights into the current state of the global economy.
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Stay tuned for Powell’s speech at the European Central Bank forum as he addresses key issues impacting the global economy. His insights and perspectives are sure to provide valuable information for investors and policymakers alike.
