Live: Fed Chair Jerome Powell's FOMC Press Conference

Federal Reserve Chairman Jerome Powell's press conference following the Fed's September FOMC meeting and the expected hike to the fed funds rate. The market is expecting a 75 basis point rate hike with the possibility of even a 100 basis point hike after the unexpectedly high 8.3% Consumer Price Index (CPI) report for August. At the press conference Powell will likely be pressed for details about future rate hikes and the unwinding of the Fed's balance sheet (quantitative tightening), inflation, and the ability of the Federal Reserve to engineer a "soft landing."

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