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Federal Reserve Chair Jerome Powell Speaks After FOMC Meeting

Welcome to our TOPLive blog on the Federal Open Market Committee's interest rate decision.

Federal Reserve Chair Jerome Powell will speak to the media on Wednesday after Fed officials make an announcement on interest rate cuts.

You can watch the live stream of Powell's press conference here: Federal Reserve Chair Jerome Powell testifies on monetary policy in Senate hearing - YouTube.

In his speech, Powell is expected to provide an update on the economy and the Fed's plans for interest rates.

The Fed has been raising interest rates since December 2015 in an effort to cool the economy and prevent inflation from rising too quickly.

However, the Fed has recently signaled that it may be willing to pause or even cut interest rates in the coming months.

Powell's speech will be closely watched by investors and economists for any clues about the Fed's future plans.


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