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The Fed chairman will deliver a speech on the 22nd, with the market focusing on interest rate cut expectations and successor candidates.
On August 15, according to the Fed's schedule, Fed Chair 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 conference in Jackson Hole, Wyoming, at 10 AM Eastern Time on August 22 (10 PM Beijing Time). This speech comes at a critical juncture: the latest data shows that tariff measures have had some impact on 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, President Trump continues to pressure for rate cuts and is looking for a successor. Powell's term as Fed Chair will end in May next year. ( Jin10 )