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Fed’s Powell to update on economy Thursday in webcast statement – Metro US

Fed’s Powell to update on economy Thursday in webcast statement

U.S. Federal Reserve Chairman Jerome Powell  speaks in Washington
U.S. Federal Reserve Chairman Jerome Powell  speaks in Washington

WASHINGTON (Reuters) – Fed Chair Jerome Powell will give an update on the economy Thursday at 10 a.m. in a webcast sponsored by the Brookings Institution, a Washington-based think tank, the Fed announced on Monday.

It will be the Fed chair’s first public remarks since an appearance March 26 on NBC’s “Today Show.”

(Reporting by Howard Schneider; Editing by Chris Reese)