Federal Reserve Chairman Jerome Powell is set to deliver prepared remarks and participate in a moderated question-and-answer session at the Stanford Forum on Business, Government and Society at 12:10 PM ET. If you don’t see the player above at that time, please refresh the page.

During last month’s Fed meeting, Powell emphasized the importance of seeing more evidence that inflation is easing before considering a rate cut. He suggested that interest rates may be lowered later this year, but the timing is uncertain. Powell and other officials have noted that they require more data to confirm that inflation is moving toward the Fed’s 2% target.

Atlanta Fed President Raphael Bostic predicted that there could be just one rate cut this year, while other members of the Federal Open Market Committee recommended three cuts. Markets anticipate that the Fed will start easing in June or July, with a total of three cuts expected by the end of 2024.

For more updates and insights from Federal Reserve Chairman Jerome Powell’s speech, subscribe to CNBC on YouTube.

By Samantha Johnson

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