Connect with us

Economics

Watch Fed Chair Jerome Powell deliver live remarks on policy review

Published

on

[The stream is slated to start at 8:40 a.m. ET. Please refresh the page if you do not see a player above at that time.]

Federal Reserve Chair Jerome Powell speaks Thursday morning to the Thomas Laubach Research Conference.

The topic of Powell’s presentation will be the review the central bank is conducting this year of its policy framework. Conducted every five years, the framework review helps provide officials with a blueprint for monetary policy ahead.

Following the last review, the Fed outlined a policy that became known as flexible average inflation targeting. The move was a stated intent to allow inflation to run slightly over the central bank’s 2% target for a period of time in the interest of providing full and inclusive employment across the economy, including for race and gender.

However, a year later inflation began to escalate, eventually hitting a 40-year high and forcing the Fed into a series of aggressive interest rate increases.

Read more:
Fed holds rates steady as it notes rising uncertainty and stagflation risk

Powell may have a hard time avoiding Trump’s ‘Too Late’ label
Fed’s Powell indicates tariffs could pose a challenge between controlling inflation, boosting growth

Subscribe to CNBC on YouTube. 

Economics

Checks and Balance newsletter: Of God and MAGA

Published

on

Charlotte Howard, our executive editor and New York bureau chief, unpacks the blurring of church and state among Donald Trump’s circle

Continue Reading

Economics

The Hudson is now so clean that everyone can eat from it

Published

on

Battery sashimi, anyone?

Continue Reading

Economics

Pete Hegseth’s Pentagon is a lethality-maxxing wasps’ nest

Published

on

America’s armed forces are supremely capable and roiled by infighting

Continue Reading

Trending