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Federal Reserve Chair Jerome Powell is scheduled to speak at University of Chicago Booth School of Business 2025 U.S. Monetary Policy Forum in New York.

Investors are looking to the Fed chair for hints about the direction of monetary policy after a weaker-than-expected jobs report raised further concerns about the economy softening.

Last month, Powell reiterated the central bank's commitment to bringing inflation down and signaled that policymakers aren't in a rush to push interest rates lower.

The Fed is widely expected to hold interest rates steady when it concludes its two-day meeting on March 19.

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