The stream will start at 12:30 pm Eastern Standard Time. Follow this link to see the stream..
Federal Reserve Board Chair Jerome Powell will speak Thursday in a virtual chat hosted by Princeton University’s Bendheim Financial Center.
Discussions will take place at a crucial time for the Federal Reserve, which committed to its current policies in December, until substantial progress has been made towards inflation and employment goals.
As part of addressing the challenges of the Covid-19 pandemic, the Fed has reduced benchmark short-term lending rates to near zero and purchases at least $ 120 billion in bonds each month. In a recent speech, some Fed officials said the economy could recover strongly this year, boosting the removal of some accommodations.
According to the Federal Reserve Board of Governors, the unemployment rate for minimum-wage workers is over 20%.
Fed Esther George warns that inflation could rise faster than expected
Fed’s Bostic sees potential rate hikes in the second half of next year
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Watch Federal Reserve Board Chair Jerome Powell attend a Q & A session on the economy
Source link Watch Federal Reserve Board Chair Jerome Powell attend a Q & A session on the economy