Fed’s Jerome Powell to Address Economic Outlook, With Hiring Surge in Spotlight

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Fed’s Jerome Powell to Address Economic Outlook, With Hiring Surge in Spotlight
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Planned comments from Federal Reserve Chairman Jerome Powell on Tuesday could offer signs about the coming path for interest rates

Federal Reserve Chairman Jerome Powell discussed the central bank’s latest interest-rate increase on Wednesday. Mr. Powell said more increases will likely be needed as the Fed continues its push to restrain inflation. Photo: Kevin Dietsch/Getty ImagesFederal Reserve Chairman Jerome Powell‘s public remarks Tuesday could offer clues about whether the labor market’s surprising strength has affected his views about the likely path of central-bank interest-rate increases.

Mr. Powell is set to discuss the economic outlook during a moderated discussion in Washington, following the Labor Department’s report Friday of much hotter job growth in January

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