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Federal Reserve Chairman Jerome Powell is ready to talk at a European Central Financial institution discussion board on Tuesday.
The panel, which is slated for 9:30 a.m. ET, focuses on the worldwide financial system amid coverage shifts. It takes place in Sintra, Portugal.
Powell’s commentary comes after the U.S. Federal Reserve as soon as once more held rates of interest regular at its coverage gathering final month. Regardless of strain from President Donald Trump to decrease borrowing prices, Powell mentioned just lately that the central financial institution was “effectively positioned” to attend on a charge lower.
His remarks additionally come forward of intently watched jobs information due later this week.
