Federal Reserve Chair Jerome Powell is expected to comment on the state of the economy at a speech scheduled for Friday, April 4.

In March, the Fed voted to hold its benchmark interest rate steady while noting the issues over trade policy. Other Fed officials in recent days have expressed support for staying in a holding pattern until policy issues become clearer, though markets are pricing in four or five cuts this year.

Federal Reserve Chairman Jerome Powell is holding a press conference. He is set to begin speaking at 2:30 p.m. FOUR POLICIES TRUMP IS LOOKING AT IN DECIDING RECIPROCAL APRIL 2 TARIFFS Powell is expected to announce the Fed's intention to keep interest rates steady despite some economic uncertainty on the horizon.