Powell's speech time at the Jackson Hole meeting is announced, and the market focuses on interest rate cut expectations and successor issues.



On August 15, according to the Federal Reserve's schedule, Federal Reserve Chairman Powell will give a speech on the economic outlook and the assessment of the Federal Reserve's policy framework at the annual central bank conference of the Kansas City Fed held in Jackson Hole, Wyoming, at 10 a.m. Eastern Time on August 22 (10 p.m. Beijing Time). This speech comes at a critical moment: the latest data shows that tariff measures have had some impact on inflation, while the job market is slowing down. This complex situation has strengthened market expectations that the Federal Reserve may announce a 25 basis point rate cut at next month's meeting. Meanwhile, President Trump continues to pressure for a rate cut and is looking for a successor. Powell's term as Federal Reserve Chairman will end in May next year.
TRUMP-1.17%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)