LIVE: Fed Chair Jerome Powell Speaks at Harvard University Amid Legal Battle With Trump's DOJ | News

Jerome Powell, Chair of the Federal Reserve, speaks at an introductory macroeconomics class at Harvard University, as markets closely watch for signals on how the Fed will respond to a complex economic shock—rising inflation alongside slowing growth. With the Iran war now driving U.S. gasoline prices toward $4 a gallon, Powell faces a classic central bank dilemma: whether to tighten monetary policy to control inflation or hold back to avoid choking economic activity. He has indicated the Fed would first assess whether tariff-driven inflation subsides before deciding how to respond to war-driven price pressures. Investor concerns have already pushed Treasury yields higher, while surveys like the University of Michigan’s show rising consumer inflation expectations—though some market-based indicators remain more stable. The Fed’s next move could shape the trajectory of inflation, interest rates, and the broader U.S. economy. CREDIT: Harvard University VIA AP --------------------------------------------------------------------------------------------------------------------------- For more videos, subscribe to our channel: https://www.youtube.com/c/Hookglobal Visit our website for more news: https://hook.online Follow Hook here: Instagram: https://www.instagram.com/hookonline_ Snapchat: https://snapchat.com/t/aEU7Okjw Twitter: https://x.com/hookonline_