April 16, 2025
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54:15Now PlayingFederal Reserve Chair Jerome Powell delivers remarks and participates in a moderated discussion at the Economic Club of Chicago in Chicago.
Investors will look to Powell's speech for clues on the Fed's ability to deal with market turmoil, tariffs, and guidance on interest rates, as well as US retail sales numbers and a $13 billion offering of 20-year debt.
From the prepared remarks:
Powell: May Find Ourselves in Scenario With Mandates in Tension
Powell: Well Positioned to Wait for More Clarity for Time Being
Powell: Can’t Have Strong Labor Market Without Price Stability
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