Watch Fed Chair Jerome Powell speak live on economy, policy views
Published On Sep 30, 2024, 1:42 PM
Federal Reserve Chair Jerome Powell spoke at the National Association for Business Economists annual conference, providing insights on the current state of the economy and the Fed's policies. He highlighted that the Fed recently approved a half-percentage-point reduction in its key overnight borrowing rate—the first cut in over four years. Markets anticipate further rate reductions as new economic data becomes available.