Powell’s Jackson Hole Speech Schedule Announced as Markets Focus on Rate Cut Expectations and Successor Candidates
According to Jinse Finance, based on the Federal Reserve's schedule, Fed Chair Jerome Powell will deliver a speech on the economic outlook and the Fed's policy framework assessment at the Kansas City Fed's annual central bank symposium in Jackson Hole, Wyoming, at 10:00 a.m. ET on August 22 (10:00 p.m. Beijing time). This speech comes at a critical juncture: the latest data shows that tariff measures have begun to impact inflation, while the job market is slowing down. This complex situation has strengthened market expectations that the Fed may announce a 25 basis point rate cut at next month's meeting. Meanwhile, U.S. President Trump continues to pressure for a rate cut and is reportedly seeking a replacement candidate. Powell's term as Fed Chair is set to end in May next year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
From $617 to $350: CVS Sets "Break-Even Price" for Weight-Loss Drugs, Says Pharmaceutical Companies Can Still Profit
An analysis of insurance claims data found that if GLP-1 drugs used for weight loss and diabetes are priced below $350 per month, payers—such as employers and plan sponsors—would achieve net savings due to a decrease in related healthcare service utilization.
UNI falls below $5
ZEC rebounds to surpass 900 dollars, 24-hour decline narrows to 1.56%
Boston Fed President Collins: Gradual rate hikes are appropriate; a stable labor market has not pushed up prices.
Boston Federal Reserve President Collins stated that, with the labor market stabilizing and not putting additional pressure on prices, a gradual approach to interest rate hikes would be an appropriate path to reduce inflation.
Crypto prices
More
