Watch Fed Chair Powell, ECB's Lagarde speak live at central bank policy forum

Federal Reserve Bank News

Watch Fed Chair Powell, ECB's Lagarde speak live at central bank policy forum
InflationInterest RatesEconomy
  • 📰 CNBC
  • ⏱ Reading Time:
  • 46 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 50%
  • Publisher: 72%

Federal Reserve Chairman Jerome Powell joins a panel including his global counterparts Tuesday at a European Central Bank forum.

Federal Reserve Chairman Jerome Powell joins a panel including his global counterparts Tuesday at a European Central Bank forum Tuesday.

Powell will join ECB President Christine Lagarde and Brazil Central Bank Governor Roberto Campos Neto at the ECB Forum on Central Banking. CNBC's Sara Eisen will moderate. The forum happens with investors closely watching how central bank policymakers will react to inflation dynamics around the world.

In the U.S., the Powell-led Fed has kept its main policy rate steady for the past year despite inflation rates well off their mid-2022 peaks. Lagarde's ECB enacted a quarter percentage point cut that took its rate down to 4.25%, while Neto's bank cut by a quarter point in May to take its primary rate down to 10.5%.

Traders largely expect the Fed to start cutting in September with another reduction by the end of the year and quarterly moves lower through at least September 2025. However, Fed officials in June indicated they expect just one reduction this year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Inflation Interest Rates Economy Breaking News: Economy Markets Breaking News: Markets Livestream Business News

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WATCH LIVE: Fed Chair Jerome Powell Holds Press ConferenceWATCH LIVE: Fed Chair Jerome Powell Holds Press ConferenceWATCH LIVE: Fed Chair Jerome Powell Holds Press Conference
Read more »

Fed Chair Powell scheduled for July 9 Senate Banking testimonyFed Chair Powell scheduled for July 9 Senate Banking testimonyFed Chair Powell scheduled for July 9 Senate Banking testimony
Read more »

Treasury yields dip as investors monitor economic data, Fed Chair Powell's remarksTreasury yields dip as investors monitor economic data, Fed Chair Powell's remarksU.S. Treasury yields were lower on Tuesday as investors looked ahead to labor market data and monitored comments from Federal Reserve Chair Jerome Powell.
Read more »

Treasury yields dip as investors monitor economic data, Fed Chair Powell's remarksTreasury yields dip as investors monitor economic data, Fed Chair Powell's remarksU.S. Treasury yields were lower on Tuesday as investors looked ahead to labor market data and monitored comments from Federal Reserve Chair Jerome Powell.
Read more »

– Will Fed Chair Powell Help to Break the Precious Metal’s Range?– Will Fed Chair Powell Help to Break the Precious Metal’s Range?Gold has been stuck in a sideways range for three months as buyers and sellers battle for dominance. Will chair Powell’s speech later today give one side the upper hand?
Read more »

Glen Powell Isn’t ‘Chasing Love’ Glen Powell After Gigi Paris SplitGlen Powell Isn’t ‘Chasing Love’ Glen Powell After Gigi Paris SplitGlen Powell split from his long-time girlfriend Gigi Paris over a year ago — and he’s been too busy to worry about a relationship ever since.
Read more »



Render Time: 2025-02-21 03:58:40