Live Stream: Federal Reserve Chair Powell Speaks at Stanford Economic Policy Conference

If you are interested in hearing Federal Reserve Chair Jerome Powell speak, tune in to the stream starting at 12:10 p.m. ET. You can find the player above and refresh the page if it is not there. Powell will be speaking at the Stanford Business, Government, and Society forum and will be delivering prepared remarks followed by a question-and-answer session with a moderator.

During the Fed’s meeting last month, Powell emphasized that more evidence was needed before considering cutting rates. He mentioned that interest rates were likely to be lowered later this year, but the timing was uncertain. Powell and other officials stated that they needed further data to confirm that inflation was moving towards the Fed’s 2% target.

Atlanta Fed President Raphael Bostic suggested that there could only be one rate cut this year, while other members of the Federal Open Market Committee have indicated three cuts. Markets are anticipating the Fed to begin easing either in June or July, with a total of three cuts expected by the end of 2024.

For more updates and information from Jerome Powell’s speech at Stanford University, subscribe to CNBC on YouTube.

By Aiden Johnson

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