• Wed. Apr 17th, 2024

Federal Reserve Chair Jerome Powell’s Upcoming Live Stream: What to Expect from His Speech and Rate Cut Predictions

BySamantha Jones

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

The upcoming live stream featuring Federal Reserve Chair Jerome Powell is set to begin at 12:10 p.m. ET. If you don’t see a player at that time, please refresh the page. During his speech at the Stanford Business, Government, and Society forum, Powell will deliver prepared remarks followed by a Q&A session with a moderator.

In 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 has suggested that there could be just one rate cut this year, while other members of the Federal Open Market Committee have indicated three cuts. Markets are anticipating that the Fed will begin easing either in June or July, with a total of three cuts expected by the end of 2024.

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

By Samantha Jones

As a dedicated content writer at newszxcv.com, I bring a passion for storytelling and a keen eye for detail to every piece I create. With a background in journalism and a love for crafting engaging narratives, I strive to deliver informative and captivating content that resonates with our readers. Whether I'm covering breaking news or delving into in-depth features, my goal is to inform, entertain, and inspire through the power of words. Join me on this journey as we explore the ever-evolving world of news together.

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