May 22, 2020 / 10:58 AM / 5 days ago

Fed's Powell to speak next Friday at 11 a.m. EDT

FILE PHOTO: U.S. Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in an emergency move designed to shield the world's largest economy from the impact of the coronavirus, in Washington, U.S., March 3, 2020. REUTERS/Kevin Lamarque/File Photo

WASHINGTON (Reuters) - Federal Reserve chair Jerome Powell will appear in a webcast discussion with former Fed vice chair Alan Blinder next Friday at 11 a.m. EDT, the Fed announced.

The question and answer session with Blinder will be Powell’s third publicly accessible appearance over a roughly two week span to discuss the state of the economy in the midst of the coronavirus pandemic, and the central bank’s efforts to stabilize it.

Reporting by Howard Schneider; Editing by Toby Chopra

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