Federal Reserve Chairman Jerome Powell spoke at the European Central Bank (ECB) Forum on Central Banking in Sintra, Portugal, on July 1, 2025, at 9:30 a.m. ET (3:30 p.m. IST). The panel, moderated by Bloomberg’s Francine Lacqua, focused on the global economy amid policy shifts, featuring Powell alongside ECB President Christine Lagarde, Bank of England Governor Andrew Bailey, Bank of Korea Governor Chang Yong Rhee, and Bank of Japan Governor Kazuo Ueda. Powell defended the Fed’s decision to maintain interest rates at 4.25%–4.5%, citing a “solid” U.S. economy and the need to monitor potential inflation from President Donald Trump’s proposed tariffs. He emphasized a data-driven approach, stating, “We’ll go meeting by meeting and see how the data evolves,” and noted that a July rate cut is not off the table but depends on incoming data, per The Financial Express and X post @vtg2.
No live stream is currently available, as the event has concluded. However, you can watch a recorded version of the panel on the ECB’s official website at www.ecb.europa.eu or check CNBC’s YouTube channel at www.youtube.com/c/CNBC, where the full session is posted, per CNBC and YouTube. Clips are also available on www.cnbc.com, which streamed the event live at 9:30 a.m. ET. For additional coverage, X posts like @CNBC and @thehill shared links to the live stream, and @colbyLsmith noted Powell’s “wait-and-see” stance. Search these platforms for updates or highlights, and consider the Fed’s website (www.federalreserve.gov) for related statements.
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