Imagine being Jerome Powell this week. On Friday, August 22, the Federal Reserve chairman will step onto the stage at the Jackson Hole Economic Policy Symposium — the most closely watched monetary retreat in the world — with markets,

The Federal Reserve’s annual conference, hosted by the Kansas City Fed in Jackson Hole, Wyoming, began Thursday evening with a dinner for the central bankers, economists and journalists who have flown in from around the world.

The 2025 Jackson Hole summit ended in total uncertainty. The Federal Reserve’s top officials met in Wyoming last week, and nobody left with a clear plan. According to Bloomberg, Jerome Powell used his Friday speech to hint at a possible interest rate cut in September.