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() U.S. Federal Reserve Chair Jerome Powell is slated to give a speech on Friday morning as the nation’s markets reel from President Donald Trump’s latest tariffs.
Powell will address the Society for Advancing Business Editing and Writing’s annual conference in Arlington, Va., at 11:25 a.m. ET.
He is expected to talk about his outlook on the economy prior to a moderated discussion at the conference, according to C-Span.
Powell’s public appearance comes as Trump’s “Liberation Day” tariffs continue to rock economic markets worldwide. On Thursday, the U.S. saw the DOW, NASDAQ and S&P 500 dip to numbers last seen during the onset of the COVID-19 pandemic in 2020.
As top economists and analysts warn of a looming recession, Trump has remained rosy on his levies.
He told a reporter on Thursday, “I think it’s going very well.”
Trump has repeatedly compared the tariffs’ effect on the U.S. to a patient who has undergone an operation, essentially saying the country will recover eventually.
“It’s what is expected. The patient was very sick. The economy had a lot of problems,” Trump said. “It was a sick patient. It went through an operation.”
‘s Kellie Meyer contributed to this report.