Fed Chair Jerome Powell laid out his dissenters’ opinions, signaled a near-future rate cut – and took a stand against Trumpian pressure. But it may have been lost in continuing bluster.

The annual Jackson Hole Economic Symposium takes place later this week. It will attract policymakers from around the world and feature highly anticipated remarks from Federal Reserve Chair Jerome Powell.

The Federal Reserve’s annual gathering in the Rocky Mountains is usually a time for central bankers and their wonky friends to kick back, discuss a few complicated economic topics and then go for a hike in the shadow of Grand Teton.