5 Takeaways From Fed Chair Powell’s Final Jackson Hole Speech

Current conditions ’may warrant' an interest rate cut, said Fed Chair Jerome Powell.

Federal Reserve Chairman Jerome Powell testifies before the House Committee on Monetary Policy in Washington on Feb. 12, 2025. Madalina Vasiliu/The Epoch Times

Federal Reserve Chair Jerome Powell presented his final keynote address at the central bank’s annual Jackson Hole summit on Aug. 22.

Powell’s highly anticipated speech signaled that monetary policymakers could be set to lower interest rates for the first time since December.