Federal Reserve Chairman Jerome Powell is participating Thursday in a policy panel before a European Central Bank Forum on central banking. The appearance will feature a question-and-answer session with the U.S. central bank chief.
A week ago, the Fed agreed to hold its benchmark short-term borrowing rate near zero and continue a policy in which it will keep rates there until inflation has consistently run somewhat above 2%. In addition, Fed officials recently discussed a focus on climate change and how it impacts financial stability.