Oil prices reached almost $75 a barrel on Thursday, the highest level
since 2014—up almost 50 percent from a year ago—amid tighter supplies and growing political risks to
In their last opportunity before the pre-FOMC communications blackout begins, two Fed Presidents will make public appearances.
At 09:40, Chicago Fed President Evans (non-voter, dove) will discuss the economy and monetary policy at the Graaskamp Center Spring Board Conference. He will take questions from both the audience and media following his prepared remarks.
At 11:15, San Francisco Fed President Williams (voter, centrist) will participate in a fireside chat at the UC Fischer Center for Real Estate and Urban Economies in Pebble Beach.