Watch Fed’s Randal Quarles speak from the Bipartisan Policy Center in Washington

Finance

[The stream is slated to start at 1:30 p.m., ET. Please refresh the page if you do not see a player above at that time.]

Federal Reserve Vice Chair for Supervision Randal Quarles speaks at the Bipartisan Policy Center in Washington, D.C. on Thursday.

Quarles’ remarks come after Fed Chair Jerome Powell testified that “crosscurrents” from lingering trade fears and weaker economic data overseas are dampening the U.S. economy’s outlook moving forward. Powell’s testimony increased expectations that the Fed will cut rates later this month.

Stocks rose to record highs on the prospects of easier monetary policy, with the Dow Jones Industrial Average breaking above 27,000 for the first time ever on Thursday.

Subscribe to CNBC on YouTube.

Federal Reserve Vice Chairman for Supervision Randal Quarles addresses the Economic Club of New York in New York City, October 18, 2018.

Brendan McDermid | Reuters

Articles You May Like

Your 2023 Guide To Entertainment And Meal Deductions
Mark Cuban used this grocery store hack to get cheap food when he was broke
Record high share in U.S. report delaying medical treatments due to costs — here’s how you can save on health care
Rupert Murdoch calls off proposed Fox-News Corp merger
Top business leaders and policymakers discuss monetary policy at the World Economic Forum

Leave a Reply

Your email address will not be published. Required fields are marked *