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

Finance

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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

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