From CNBC: 2024-04-03 12:33:17

Federal Reserve Chair Jerome Powell will speak to the Stanford Business, Government and Society forum. Powell indicated the Fed may lower interest rates this year but needs more evidence that inflation is easing. Markets expect three cuts by the end of 2024, possibly starting in June or July.

Atlanta Fed President Raphael Bostic believes there may be just one rate cut this year in the fourth quarter, while other officials predict three cuts. Powell and other Fed officials are aiming for more evidence of easing inflation before making a decision. Markets anticipate rate cuts starting in the coming months.

Read more: Watch Fed Chair Powell speak live at Stanford policy conference economic forum