These higher rates push up the amount it costs to take out a mortgage loan, a car loan, credit card fees, and more. Jerome Powell will speak at 2p.m. ET today.
Jerome Powell is the Chairman of the Federal Reserve[/caption]
What time is Jerome Powell speaking today?
He’s scheduled to speak today, Tuesday, May 17, 2022, at the The Wall Street Journal’s Future of Everything Festival. During a May 4, 2022 press conference following the increase, Mr. Powell began a speech by addressing the American people who will be affected by the Fed’s attempts to lower inflation, without pushing us into a recession. “Discover the extraordinary ideas shaping our future when The Wall Street Journal brings together leaders from business, science, sports and culture at this year’s Future of Everything Festival,” Otherwise, you may have to purchase a one-day virtual pass, or wait until after the event when coverage is released. He’s expected to discuss what the central bank’s plans are regarding inflation, as well as what impacts these plans may have on the economy. “We have both the tools we need and the resolve that it will take to restore price stability.” “And we understand the hardship it is causing, and we’re moving expeditiously to bring it back down,” If you’re a subscriber to the Wall Street Journal, then coverage is free.
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What is the Wall Street Journal’s Future of Everything festival?
The Chairman of the Federal Reserve will be speaking today, for the first time since being confirmed for his second four year term by the Senate last week. This comes after the Federal Reserve raised its interest rates by half a percentage point, the highest spike since 2000. Email us at [email protected] or call 212 416 4552. Like us on Facebook at www.facebook.com/TheSunUS and follow us from our main Twitter account at @TheSunUS
How can I watch Jerome Powell speak at the festival?
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