Watch Fed Chairman Jerome Powell speak in Washington


[This stream is scheduled to begin Friday at 2 p.m. ET]

Federal Reserve Chairman Jerome Powell is set to speak Friday at a “Fed Listens” event organized by the central bank in Washington. The event is part of a monetary policy communication review by the Fed.

Powell’s remarks will come after the release several disappointing data sets that have increased expectations of easier monetary policy.

The Institute for Supply Management said Tuesday that U.S. manufacturing activity contracted to its lowest level in more than 10 years. ISM also said Thursday the U.S. services sector grew at its slowest pace in more than three years. On Friday, the Labor Department said the economy added 136,000 jobs in September, missing an estimate of 145,000.

Subscribe to CNBC on YouTube.

Articles You May Like

ULI, PwC: New Normal Solidifying As Real Estate Returns To Pre-Covid Norms
Adidas employees raised concerns about Ye’s conduct for years, report says
Apple Threatens To Remove Twitter From App Store – According To Elon Musk
Walmart shooter bought pistol on the day of the attack and left behind a ‘death note’
Snowflake shares drop on light product revenue guidance

Leave a Reply

Your email address will not be published.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