Federal Reserve Chair Jerome Powell will speak at the Economic Club of Chicago at 1:30 p.m. on Wednesday. TRACKING WHAT DOGE IS DOING ACROSS THE FEDERAL GOVERNMENT The market is likely to monitor Powell's speech during a time of economic uncertainty amid President Donald Trump's worldwide tariffs.

The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell

Federal Reserve Chair Jerome Powell on Wednesday reiterated the long-held view of Fed chairs going back decades that growth in the U.S. federal debt needs to be reined in, but he suggested that politicians are going about it the wrong way.