Watch Fed Chair Jerome Powell speak live on economy, policy views

Watch Fed Chair Jerome Powell speak live on economy, policy views


[The stream is slated to start at 1:55 p.m. ET. Please refresh the page if you do not see a player above at that time.]

Federal Reserve Chair Jerome Powell is set to speak Monday to the National Association for Business Economists during the organization’s annual conference in Nashville.

The central bank chair is delivering his assessment on the economy as well as his policy views.

Following the speech, Powell will speak in a moderated discussion with Ellen Zentner, global head of thematic and macro investing at Morgan Stanley Wealth Management.

The speech comes less than two weeks after the rate-setting Federal Open Market Committee approved a half-percentage-point reduction in its key overnight borrowing rate, the first rate reduction in more than four years. Markets expect the Fed to follow up with additional cuts this year and in 2025 depending on the path of the economic data.

Subscribe to CNBC on YouTube. 



Source

Stocks making the biggest moves premarket: AST SpaceMobile, Joby, Trilogy Metals, Rocket Lab and more
Finance

Stocks making the biggest moves premarket: AST SpaceMobile, Joby, Trilogy Metals, Rocket Lab and more

Check out the companies making headlines in premarket trading. Joby Aviation — Shares of the electric air taxi maker plunged 11% after the company announced the pricing of a previously announced stock offering. Joby will sell 30,500,000 common shares for $16.85 each, translating to gross proceeds of around $513.9 million. AST SpaceMobile — Shares surged […]

Read More
Stocks making the biggest moves midday: Oracle, Figma, Trilogy Metals, Ford and more
Finance

Stocks making the biggest moves midday: Oracle, Figma, Trilogy Metals, Ford and more

Check out the companies making headlines in midday trading: Oracle — The software giant fell more than 5%, leading a reversal in tech stocks, after The Information reported its margins on its cloud business are weaker than analysts currently estimate and that it is losing money on some of its Nvidia chip deals. Figma — […]

Read More
Ray Dalio says today is like the early 1970s and investors should hold more gold than usual
Finance

Ray Dalio says today is like the early 1970s and investors should hold more gold than usual

Key Points Ray Dalio, founder of one of the world’s largest hedge funds, believes investors should allocate as much as 15% of their portfolios to gold. The precious metal surged to an all-time high above $4,000 an ounce on Tuesday. Dalio said gold stands apart as a hedge in times of monetary debasement and geopolitical […]

Read More