What to Expect from Fed Chair Powell's Jackson Hole Speech
ZACKS·2025-08-22 15:20
Friday, August 22, 2025A half hour after the opening bell for the final trading day of the week, Fed Chair Jerome Powell will take the stage at the Jackson Hole Economic Symposium this morning, in one of his most anticipated Jackson Hole speeches in years. Investors will be listening closely to hear if the deliberate and methodical Powell will be leaning toward a 25-basis-point (bps) interest rate cut.The Fed has kept rates steady year-to-date at 4.25-4.50%. In historical terms, we’re neither high nor low — ...