Reported about 2 months ago
As the Federal Reserve prepares to cut interest rates, Chair Jerome Powell's keynote speech at the Jackson Hole symposium is anticipated to focus on the current U.S. economic conditions rather than influencing immediate policy changes. With inflation levels showing signs of moderating, Powell is likely to discuss the Fed's approach to upcoming policy adjustments and address the evolving dynamics of the economy. The speech aims to provide clarity to the public and financial markets on how the central bank plans to navigate future challenges.
Source: YAHOO