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Watch Fed Chairman Jerome Powell live in a Q&A on the economy

The power is scheduled to start at. 12.30 ET. Follow the link here to see the stream.

Federal Reserve Chairman Jerome Powell speaks Thursday in a virtual chat hosted by the Princeton University Bendheim Center for Finance.

The talk comes at a crucial time for the Federal Reserve, which in December committed to its current policy until it sees significant progress towards its inflation and employment targets.

As part of its response to the challenges of the Covid-1

9 pandemic, the Fed has cut its benchmark short-term lending rate to near zero and buys at least $ 120 billion in bonds each month. In recent speeches, some Fed officials have said they see the economy bounce back sharply this year and possibly push up the removal of some of the homes.

Read more:
Unemployment is above 20% for the lowest paid workers, says Fed Brainard
Fed Esther George warns that inflation could rise faster than expected
The Fed’s Bostic sees a possible rate hike as soon as the second half of next year

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