Watch Fed Chair Powell speak live during a policy forum in Washington

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107383367 1709744655047 gettyimages 2063432845 s2 1634 kyt1elrb

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Federal Reserve Chair Jerome Powell will be speaking to the Wilson Center’s Washington Forum on the Canadian Economy, likely his final policy speech before the next central bank meeting. He will be joined by Bank of Canada Governor Tiff Macklem to discuss the economic outlook, monetary policymaking in their respective countries, and the enduring value of the Canada-US economic relationship.
Markets are anticipating the Fed to maintain its benchmark borrowing rate until at least September, as recent higher-than-expected inflation readings have caused investors to reassess their expectations of interest rate cuts throughout the year.
For more information, visit: Surging inflation fears sent markets tumbling and Fed officials scrambling, Fed wants more confidence that inflation is moving toward 2% target, meeting minutes indicate, and Consumer prices rose 3.5% from a year ago in March, more than expected.
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Federal Reserve Chair Jerome Powell is set to speak at the Wilson Center’s Washington Forum on the Canadian Economy alongside Bank of Canada Governor Tiff Macklem. They are expected to discuss economic outlook, monetary policy, and the Canada-US economic relationship. The Fed is expected to keep its benchmark borrowing rate steady until at least September despite recent higher-than-expected inflation readings. Powell’s speech may be his last policy speech before the next central bank meeting. Inflation fears have been causing market volatility, and the Fed is looking for more confidence that inflation will move towards its 2% target.

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