Fed Chair Jerome Powell delivers what almost certainly will be his last keynote address at the central bank’s annual conclave during one of the most tumultuous times in its history.
What’s at stake is the near-term sentiment for financial markets, the longer-term path of the Fed’s policy trajectory, and a not insignificant dose of trying to preserve vestiges of independence at a time when the normally sacrosanct institution is facing enormous political pressure.
The speech is billed as an “Economic Outlook and Framework Review,” indicating Powell will take time to provide his views on broad conditions as well as discuss the Fed’s long-term policy goals.
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LIVE: Federal Reserve Chair Jerome Powell speaks on economic outlook in Jackson Hole speech —8/22/25
