Federal Reserve’s Jackson Hole Retreat Starts This Week—Setting the Stage for a Rate Cut

Fed Chair Jerome Powell expected to signal coming interest rate cut.

Federal Reserve Chairman Jerome Powell testifies during a Senate Banking Committee hearing at Capitol Hill in Washington on March 3, 2022. Tom Williams/Pool via AP

The Jackson Hole Economic Symposium—an annual event attended by bankers, economists, and monetary policymakers—convenes this week for a three-day gathering from Aug. 22 to Aug. 24 in Jackson Hole, Wyoming. It could set the stage for the Fed loosening policy and laying the groundwork for a September interest rate cut.

The theme for this year’s symposium, hosted by the Kansas City Fed, will be “Reassessing the Effectiveness and Transmission of Monetary Policy.”