The speech time of Powell Jackson Hole meeting was released, and the market focused on interest rate cut expectations and succession issues
2025-08-14 20:55:36
On August 15th, according to the Federal Reserve's schedule, Federal Reserve Chairperson Powell will deliver a speech on the economic outlook and the evaluation of the Federal Reserve's policy framework at the Kansas City Fed's annual central bank meeting in Jackson Hole, Wyoming at 10:00 US Eastern Time (10:00 pm Beijing time) on August 22. The speech comes at a critical time: the latest data show that tariff measures have had some impact on inflation, and the job market is slowing. This complex situation has strengthened market expectations that the Federal Reserve may announce a 25 basis point interest rate cut at next month's meeting. At the same time, US President Donald Trump has continued to pressure him to cut interest rates and is looking for a replacement. Powell's term as Fed chairperson ends in May next year.
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