In busy week of speechifying for Fed governors, monetary policy, employment, economic outlook, stress tests and more to be addressed

February 19, 2021 The Fed 0

It’s a busy week ahead for members of the Federal Reserve Board, with testimony, speeches and lectures scheduled for the chair, both vice chairs and two other members of the board delivering views on a wide range of topics.

Here’s the rundown:

Monday (Feb. 22): Michelle W (“Miki”) Bowman makes a virtual appearance to discuss “Economic Inclusion in Lower-Income Communities” at the Federal Reserve Bank of Dallas’ “Advance Together Celebration.” The event gets underway at 3:30 p.m. ET.
Tuesday (Feb. 23): Board Chair Jerome H. (“Jay”) Powell starts two days of his semiannual monetary policy report to the Congress, with testimony this day before a hearing of the Senate Banking Committee. The hearing, which gets underway at 10 a.m. ET, will be live-streamed via the Internet.
Wednesday (Feb. 24): Powell continues his monetary policy report with testimony before a hearing of the House Financial Services Committee. This hearing, also slated for 10 a.m. ET, will also be live-streamed via the Internet.

Also Wednesday, Gov. Lael Brainard discusses the Fed’s “Maximum Employment Mandate” during remarks before a Harvard University “Principles of Economics” class as a guest lecturer. She will deliver the remarks beginning at 10:30 a.m. ET during a remote, virtual appearance.

Later that day, Board Vice Chair Richard Clarida covers the U.S. economic outlook and monetary policy in two separate events. First, he speaks to the U.S. Chamber of Commerce Chief Economist Committee Meeting (via livestream on the Internet), starting at 1 p.m. ET. Then, at 4 p.m. ET, he discusses the same topics before the American Chamber of Commerce in Australia at its “Live from America” webinar (also via livestream on the Internet).

Thursday (Feb. 25): Board Vice Chair for Supervision Randal Quarles rounds out the busy week of speechifying for the governors when he discusses stress tests during the Federal Reserve Bank of Atlanta’s 2021 Banking Outlook Conference. His remarks, which start at 11:10 a.m., are being delivered via livestream on the Internet.

The Fed indicated that the video of remarks by Powell (both days) and Clarida (both events) will be available to the public.

Powell Tuesday (Feb. 23, 10 a.m.) testimony video

Powell Wednesday (Feb. 24, 10 a.m.) testimony video

Clarida Wednesday (Feb. 25, 1 p.m.) testimony video

Clarida Wednesday (Feb. 25, 4 p.m.) testimony video

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