Economy

Fed Chair Jerome Powell to Speak at Jackson Hole—What to Expect

Financial markets are anticipating confirmation of a September interest rate cut.
Fed Chair Jerome Powell to Speak at Jackson Hole—What to Expect
Federal Reserve Chairman Jerome Powell’s speech is seen on a television screen as traders work on the New York Stock Exchange floor during morning trading on Aug. 25, 2023. Michael M. Santiago/Getty Images
Andrew Moran
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Federal Reserve Chair Jerome Powell will deliver a highly anticipated speech on Friday at the central bank’s annual Jackson Hole Economic Symposium that could signal a coming interest rate cut.

The Fed chief’s prepared remarks will be the main event of the three-day gathering that will capture the attention of the financial markets. Powell will take the stage at the gathering—this year themed “Reassessing the Effectiveness and Transmission of Monetary Policy”—at 10 a.m. EST in Jackson Hole, Wyoming.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."