Powell Signals Fed May Cut Rates Soon Even
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Federal Reserve Chairman Jerome Powell is delivering a high-profile speech in Jackson Hole, Wyoming, as he faces major pressure from President Donald Trump to lower interest rates. He’s scheduled to begin speaking at 10 a.
Federal Reserve Chair Jerome Powell has delivered his eighth keynote address at the annual Jackson Hole symposium, a gathering of central bankers, policymakers and economists from around the globe. He spoke on a range of topics,
Trump ratcheted up his pressure campaign this week, calling on Fed Governor Lisa Cook to resign after a Trump administration official alleged that she had committed mortgage fraud. Cook rebuked the push for her to quit, saying she has “no intention of being bullied to step down from my position because of some questions raised in a tweet.”
The Federal Reserve Chair Jerome Powell will give his keynote address at the central bank's annual conference on Aug. 22. Here's how to watch it live.
The Fed chair will speak Friday at an annual economic symposium in Jackson Hole, Wyo. The speech comes as the central bank is under mounting pressure from the White House to lower interest rates.