Public remarks by the chairman and vice chairman of the Federal Reserve and release of the agenda by the board of the federal credit union regulator for their first meeting in 2019 mark the week ahead.
Federal Reserve Board Chairman Jerome H. (“Jay”) Powell joins in a discussion Thursday at the Economic Club of Washington at about 12:45 p.m. following a luncheon at the Renaissance Hotel in Washington (at 999 Ninth Street N.W.). The event is not yet scheduled for live-streaming via the web, but past events have been either streamed live or a recorded version has been made available.
Late last week, during a panel discussion at the American Economics Association (AEA) (with former Fed Chairs Janet Yellen and Ben Bernanke), Powell said he would respond “no” if President Donald Trump – a frequent critic of the Fed and Powell’s leadership regard interest rate policy – asked for his resignation. Powell also said he has not talked to Trump or scheduled a meeting with the president.
Also on Thursday, Fed Vice Chairman Richard H. Clarida offers his view of the economy and monetary policy during remarks at the “Money Marketeers” of New York University in New York. The evening remarks are scheduled to start at 5:30, according to the group sponsoring Clarida’s speech.
Continuing the busy Thursday schedule: The agenda for the open meeting of the National Credit Union Administration (NCUA) Board will be released Thursday (around 3 p.m.) for the meeting set for the following week (Jan. 17 at 10 a.m.). The meeting will be the first public gathering of the two-member board in 2019.