World News

Fed’s Powell to update on economy Thursday in webcast statement

WASHINGTON (Reuters) – Fed Chair Jerome Powell will give an update on the economy Thursday at 10 a.m. in a webcast sponsored by the Brookings Institution, a Washington-based think tank, the Fed announced on Monday.

It will be the Fed chair’s first public remarks since an appearance March 26 on NBC’s “Today Show.”

(Reporting by Howard Schneider; Editing by Chris Reese)