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Fed Chair Powell Speaks to David Rubenstein

DeFi Daily News by DeFi Daily News
July 15, 2024
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Fed Chair Powell Speaks to David Rubenstein
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Bloomberg Host and Carlyle Co-Founder & Co-Chairman David Rubenstein sits down with Federal Reserve Chair Jerome Powell at an Economic Club of Washington luncheon event. The conversation comes less than a week after two days of Congressional testimony from the chair followed by a cooler-than-expected June CPI report, and ahead of another FOMC meeting at the end of this month. Encouraged by the data and Powell’s testimony in which he said be believed inflation is receding, markets are currently pricing in two rate cuts before the end of 2024.

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