With markets heading lower on Friday as the White House declares war on social media, riots in Minnesota spread across the country and Trump ratchets up tensions with China, Fed Chairman Jerome Powell is set to speak Friday at the Griswold Center for Economic Policy Studies at Princeton, where he will be joined by former Fed vice-chairman Alan Blinder.
The focus of the talk will likely be on the economy and the central bank’s stimulus measures during the coronavirus crisis.
The event will take place virtually, and is set to begin at 1100ET and a Q&A will be moderated by Blinder, now a member of Princeton’s faculty.
Earlier this month, Powell said policymakers may need to use’ additional tools’ to pull the country out of a devastating economic downturn, but Fed officials have also expressed wariness of negative rates, and the ability of the central bank to mitigate the impact of the crisis on ordinary Americans.
Watch it live below: