WSJ Correspondent on Key Moments From Powell's Jackson Hole Speech

I'm here in Jackson Hole, Wyoming, where the Fed Chair Jerome Powell just gave his highly anticipated speech on the economic outlook. - With policy and restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance. - Powell is more worried about risks to the labor market.He's worried that the economy might be slowing down more than officials had anticipated, and so even though he acknowledges that tariffs are showing up in inflation, the labor market ...