Watch Fed Chair Powell speak live during a policy forum in Washington

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Federal
Reserve
Chair
Jerome
Powell
speaks
Wednesday
to
the
Wilson
Center’s
Washington
Forum
on
the
Canadian
Economy,
in
what
will
likely
be
his
last
policy
speech
before
the
next
central
bank
meeting.

Joining
Powell
is
Bank
of
Canada
Governor
Tiff
Macklem,
and
together
they
are
expected
to
discuss “the
economic
outlook,
monetary
policymaking
in
their
respective
countries,
and
the
enduring
value
of
the
Canada-US
economic
relationship,”
according
to
a
release
on
the
Wilson
Center
site.

The
appearance
comes
with
markets
expecting
the
Fed
to
keep
its
benchmark
borrowing
rate
steady
until
at
least
September.
Recent
higher-than-expected
inflation
readings
have
forced
investors
to
recalibrate
expectations
that
the
Fed
would
lower
interest
rates
steadily
this
year.

Read
more:

Surging
inflation
fears
sent
markets
tumbling
and
Fed
officials
scrambling

Fed
wants
more
confidence
that
inflation
is
moving
toward
2%
target,
meeting
minutes
indicate

Consumer
prices
rose
3.5%
from
a
year
ago
in
March,
more
than
expected

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