Watch Fed Chair Jerome Powell speak live at a European Central Bank forum

Finance

[The stream is slated to start at 11:45 a.m. ET. Please refresh the page if you do not see a player above at that time.]

Federal Reserve Chairman Jerome Powell is participating Thursday in a policy panel before a European Central Bank Forum on central banking. The appearance will feature a question-and-answer session with the U.S. central bank chief.

A week ago, the Fed agreed to hold its benchmark short-term borrowing rate near zero and continue a policy in which it will keep rates there until inflation has consistently run somewhat above 2%. In addition, Fed officials recently discussed a focus on climate change and how it impacts financial stability.

Read more:
The Fed is set to take on a new challenge: Climate change
Fed officials in ‘robust’ discussions about the future of their asset-purchase program
Fed holds interest rates steady near zero, says economy is still well below pre-pandemic levels

Subscribe to CNBC on YouTube. 

Articles You May Like

The Role Of Tax Efficiency In Retirement Planning
Disney CEO Josh D’Amaro tells CNBC parks were ‘big surprise’ in last quarter, company has ‘clarity’ and ‘stability’
Anthropic revenue reportedly jumps to more than $11.5 billion in second quarter
Inflation moderated as Intel and Nvidia fueled the AI trade in last week’s market
The rise of ‘income stacking’: Why Gen Z is juggling multiple jobs

Leave a Reply

Your email address will not be published. Required fields are marked *