Watch Fed chief Jerome Powell speak at an ECB panel in Portugal
Federal Reserve Chairman Jerome Powell is scheduled to deliver a speech at a European Central Bank forum on Tuesday. The event, which is set to begin at 9:30 a.m. ET, will focus on the global economy amid policy shifts and will take place in Sintra, Portugal.
Powell’s remarks come on the heels of the U.S. Federal Reserve’s decision to keep interest rates unchanged at its most recent policy meeting. Despite pressure from President Donald Trump to lower borrowing costs, Powell has indicated that the central bank is in a good position to hold off on a rate cut for now.
His speech is particularly timely as it precedes the release of highly anticipated jobs data later this week. Market participants will be closely watching for any insights or hints that Powell may provide regarding the Fed’s future monetary policy decisions.
For those interested in watching Powell’s speech live, CNBC Television will be streaming the event starting at 9:30 a.m. ET. Viewers can tune in to the stream on CNBC’s website or refresh the page if the player does not immediately appear.
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