Powell Prepares Jackson Hole Address Amidst Speculation of Rate Cut

Federal Reserve Chairman Jerome Powell will deliver a speech on the economic outlook and the Fed’s policy direction at the Kansas City Fed’s annual central bank meeting in Jackson Hole, Wyoming. The address is scheduled for August 22 at 10 a.m. Eastern Time (10 p.m. UTC+8). This address takes place during a period of high economic uncertainty, marked by slowing job growth and a potential impact from tariff measures on inflation.