Watch live: Powell speaks on economy ahead of next interest rate decision
WASHINGTON, DC - SEPTEMBER 20: Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September 20, 2023 at the Federal Reserve in Washington, DC. In the face of slowing inflation and strong consumer spending, the Federal Reserve announced that it will keep the interest rate steady, holding the benchmark borrowing rate to a range of 5.25% to 5.5%. (Photo by Chip Somodevilla/Getty Images)
Federal Reserve Chair Jerome Powell is slated to speak Thursday in New York.
The speech comes as other Fed policymakers have suggested the central bank will keep interest rates unchanged at their next meeting in November.
The Fed kept the 22-year high benchmark rate of 5.25 percent to 5.50 percent unchanged at their last meeting in mid-September.
The event is scheduled for 11:30 a.m. EDT.
Watch the live video above.