Powell’s Jackson Hole Speech Schedule Announced as Markets Focus on Rate Cut Expectations and Successor Candidates

According to Jinse Finance, based on the Federal Reserve's schedule, Fed Chair Jerome Powell will deliver a speech on the economic outlook and the Fed's policy framework assessment at the Kansas City Fed's annual central bank symposium in Jackson Hole, Wyoming, at 10:00 a.m. ET on August 22 (10:00 p.m. Beijing time). This speech comes at a critical juncture: the latest data shows that tariff measures have begun to impact inflation, while the job market is slowing down. This complex situation has strengthened market expectations that the Fed may announce a 25 basis point rate cut at next month's meeting. Meanwhile, U.S. President Trump continues to pressure for a rate cut and is reportedly seeking a replacement candidate. Powell's term as Fed Chair is set to end in May next year.