FEd chair Jerome Powell will speak in 1h 12m.
Here we will see what we can expect from his speech. Jerome Powell is expected to lay the groundwork for the Federal Reserve's next phase of monetary policy in a speech today morning .
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The chairman's keynote address at the Fed's annual #PowellAtJacksonHole Monetary Policy Symposium in Wyoming will lay the groundwork for the coming shift in rates. Expect Powell to reiterate that the Fedâs decisions are data-dependent while confirming Fed officialsâ dovish stance.
When the Federal Reserveâs Jackson Hole Monetary Policy Symposium kicked off on Thursday in this sunny and picturesque corner of northwest Wyoming, the Jackson Lake Lodge was buzzing with conversations about the Fedâs next interest-rate moves, the possibility of an economic soft landing, the state of the U.S. labor market, and the election. Inflationâthe Fedâs chief concern for most of the past three yearsâwas at most a secondary, if not a tertiary, topic of conversation.
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