The Greater Providence Chamber of Commerce was honored to once again host U.S. Federal Reserve Chair Jermone Powell at our 2025 Economic Outlook Luncheon this past Tuesday, September 23 at the Crowne Plaza Hotel in Warwick. Chair Powell previously spoke to our members at our Annual Meeting in November of 2019.

Nearly 600 of Rhode Island’s top business and civic leaders had the opportunity to hear directly from Chair Powell about several factors impacting the global and national economies, including: labor, employment, trade, tariffs, interest rates, inflation, and the role of the Federal Reserve.

The event was streamed live for anyone who could not attend in person. Links to the fully recorded event, copies of Chair Powell’s remarks, media coverage and event photos are available below.

We thank Federal Reserve Bank of Boston President & CEO Susan Collins, Senator Jack Reed, Congressman Seth Magaziner, our GPCC Board Chair Rick Metters, and University of Rhode Island President Marc Parlange - the Presenting Sponsor - for their participation in helping to make the event so memorable.

Thank you also to all our members in attendance for your engagement, energy and support.

Enjoy all the post-event materials below 

• Chair Powell’s prepared remarks
• Full event video recording (starts at 44 min.)
• Event photos (Photographer: Cole Harper/ GraphiCole Photography)

• Associated Press: Powell signals Federal Reserve to move slowly on interest rate cuts
• CNBC: Watch Fed Chair Jerome Powell speak live on interest rates and the economy
• CNN: Fed can’t ignore the risk of higher inflation, Powell says
• New York Times: Powell Stresses 'Challenging Situation' for Fed as Rate
• Associated Press Live Video: Federal Reserve Chair Jerome Powell speaks on economic outlook
• The Boston Globe: Federal Reserve chairman warns: 'No risk-free path' amid cooling job market, inflation
• The Providence Journal: Fed Chair Powell tells Prov Chamber US economy faces "no risk-free path"
• C-SPAN: Federal Reserve Chair Powell on U.S. Economy
• New York Post: Jerome Powell says Fed in 'challenging situation' as central bank officials divided over rates
• Yahoo Finance: Powell Sees 'Challenging Situation' for Fed Amid Dual Threat
• Providence Business News: Fed Chairman Powell says ‘balance of risks has shifted‘ during Chamber luncheon
• WJAR CH. 10: Federal Reserve Chairman Jerome Powell talks tariffs, jobs at Rhode Island event
• WPRI CH. 12: Federal Reserve Chair Jerome Powell makes visit to Rhode Island
• Mint: US Fed Chair warns of inflation risks amid ‘too aggressive’ rate cuts
• Bloomberg: Treasuries Fall as Traders Weigh Fed 'Tug of War' on Rate Views
• Rhode Island Current: ‘No risk free path:’ Fed Chair Jerome Powell calls for moderation on monetary policy
• Providence Business First: Fed chair Powell speaks in Rhode Island: 'No risk-free path'
• China Daily: Powell signals Fed's caution on rate cuts
• Fortune: Jerome Powell says Congress and the private sector, not the Fed, are responsible for 'the things that will really matter for future generations'