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Live Stream: Federal Reserve Chair Powell Speaks at Stanford Economic Policy Conference

Federal Reserve Chair Jerome Powell is set to deliver a speech at the Stanford Business, Government, and Society forum on June 12th. The live stream will start at 12:10 p.m. ET, and if you don’t see a player above at that time, please refresh the page. Powell’s speech will consist of prepared remarks followed by a question-and-answer session with a moderator.

During the Fed’s meeting last month, Powell highlighted the importance of more evidence that inflation is easing before considering cutting rates. He stated that interest rates are likely to be lowered later this year but that the timing is uncertain. Powell and other officials emphasized the need for further data to confirm that inflation is moving towards the Fed’s 2% target.

Atlanta Fed President Raphael Bostic suggested that there could be just one rate cut this year, while other members of the Federal Open Market Committee have indicated three cuts. Markets anticipate that the Fed will begin easing either in June or July with a total of three cuts expected by the end of 2024.

For more updates and information from Jerome Powell’s speech, subscribe to CNBC on YouTube.

By Samantha Jones

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