Federal Reserve

Watch Fed Chair Jerome Powell speak live on the economy

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Federal Reserve Chairman Jerome Powell speaks Tuesday in Denver on "Data Dependence in an Evolving Economy."

The central bank chief has said repeatedly that he believes the economy is strong while the Fed is prepared to do whatever is needed to sustain the decade-long expansion.

Investors expect the Federal Open Market Committee, which sets interest rates, to deliver another quarter-point cut later in October. That would be the third reduction in 2019.

Read more:
Powell says it's the Fed's job to keep the economy in a 'good place' for 'as long as possible'
The father of the yield curve indicator says now is the time to prepare for a recession
Williams says the Fed has the tools to fight a recession and can use them 'more quickly' next time

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