JEROME POWELL FED LIVE STREAMING IN PROGRESS

by | May 23, 2023 | Inflation Hedge | 35 comments




Conversation with Chair Jerome Powell and Ben Bernanke, former Chair of the Board of Governors of the Federal Reserve System.

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The Federal Reserve conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole; fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments; and promotes consumer protection and community development through consumer-focused supervision and examination, research and analysis of emerging consumer issues and trends, community economic development activities, and the administration of consumer laws and regulations.

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The world is eagerly watching as the Federal Reserve Chairman, Jerome Powell, takes the stage to participate in a live stream event. Powell’s guidance and decision-making have been critical in the face of a pandemic and a struggling U.S economy.

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The live stream event is being held at the Peterson Institute for International Economics in Washington, D.C. The focus of the event is on the ongoing pandemic and its effects on the global economy, particularly the U.S economy.

Powell is expected to address the recent increase in inflation and give insights into how the Fed will handle it. The inflation rate has been rising rapidly, with a 4.2% increase in April compared to the previous year. This increase has raised concerns about a possible economic downturn and its impact on the global economy.

The event provides a great opportunity for economists, policymakers, and the general public to get an insight into Powell’s views and his approach to dealing with the economic challenges. This is especially important given the criticism that Powell has faced over the past few months regarding his handling of the economy.

Despite the mounting pressure, Powell has remained resolute in his approach to stimulate the economy, even if it means increasing interest rates. He has emphasized that inflation is not a major concern and that the Fed will continue to take the necessary steps to stabilize the economy.

This event is a critical moment for Powell as he seeks to reassure Americans that the Fed is on the right track, and that the economic recovery is ongoing. The Federal Reserve has been instrumental in providing stimulus to the economy, particularly during the pandemic. It has cut interest rates to near-zero levels, provided liquidity to the financial markets, and launched several stimulus packages.

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In conclusion, the live stream event featuring Jerome Powell is an essential moment for the global community, particularly the U.S economy. It provides a rare opportunity for people to hear from the Federal Reserve Chairman on the state of the economy, the impact of the pandemic, and the Fed’s approach to handling the challenges. It is expected that Powell will share important insights into his views on inflation, interest rates, and other critical issues that will shape the ongoing economic recovery.

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35 Comments

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