Watch Fed Chair Powell speak live on policy to the Economic Club of Chicago

Federal Reserve Chair Jerome Powell is scheduled to speak at the Economic Club of Chicago on Wednesday afternoon, addressing policy concerns amid market uncertainty regarding President Donald Trump’s tariffs. This speech marks Powell’s final public appearance before the Federal Open Market Committee meeting on May 6-7, where it is widely anticipated that the key borrowing rate will remain unchanged. Powell is expected to elaborate on the Fed’s future direction, with recent statements suggesting readiness to adapt to economic risks. In an earlier statement, Powell noted that Trump’s tariffs could impact inflation and economic growth, influencing the Fed’s stance for the time being.