Jerome Powell, Chairman of the Federal Reserve System (Fed), and Christine Lagarde, European Central Bank (ECB) President, will attend a monetary policy panel at the 2024 ECB Forum on Central Banking in Sintra on Tuesday, July 2.
Fed Chairman Powell and ECB President Lagarde will discuss monetary policy at the ECB Forum on Central Banking. Comments on monetary policy divergence between the Fed and the ECB could trigger a market reaction. Investors see a less than 40% probability of the Fed leaving the interest rate unchanged in September.
The FOMC is attended by twelve Fed officials – the seven members of the Board of Governors, the president of the Federal Reserve Bank of New York, and four of the remaining eleven regional Reserve Bank presidents, who serve one-year terms on a rotating basis. What is Quantitative Easing and how does it impact USD? In extreme situations, the Federal Reserve may resort to a policy named Quantitative Easing .
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