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Powell LIVE: Federal Reserve Chair Jerome Powell Speaks at the Economic Club | Trump Tariffs | US Stock Market | CNBC TV18
CHICAGO – Federal Reserve Chair Jerome Powell speaks on the economic outlook before the Economic Club of Chicago, in Chicago, Ill.
all eyes will be on Federal Reserve Chair Jerome Powell when he speaks at The Economic Club of Chicago on April 16. The market will be keenly watching his upcoming commentary on Wednesday.
Global investors, analysts, and market participants would be looking to Powell for guidance on a number of recent developments. Powell’s comments could shed light on a variety of issues, including tariffs, jobs, inflation, direction of interest rates, and the state of the economy.
U.S. Treasury Secretary Scott Bessent announced Monday that the White House will begin interviewing applicants for the position of Federal Reserve Chair Jerome Powell, whose tenure ends in May 2026. Powell has been under pressure sort of to bring the interest rates down. Inflation in the US seems to be trending lower. The latest set of US CPI data for March, released on April 10, 2025, showed a falling trend. Whether the US Fed FOMC decides to go for a rate cut in May or wait for June remains to be seen.
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