Live: Fed Chair Jerome Powell's FOMC Press Conference

Watch the Federal Reserve Press Conference live. Federal Reserve Chairman Jerome Powell's press conference following the Fed's March FOMC meeting and the expected hike to the fed funds rate. The market is expecting a 25 basis point rate hike. The Fed is under increasing pressure recently as the bank run that started with the collapse of Silicon Valley Bank is at odds with efforts to fight the worst inflation since the 1970s. Any action The Fed takes to fight inflation would likely make things worse for the banking crisis. Conversely any action The Fed takes to fight the bank run would likely make inflation worse. Prospects for The Fed's mythical "soft landing" are dim at this point.

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