Fed Chair Jerome Powell faces delicate balancing act in Jackson Hole speech on Friday
From cbsnews.com
When Federal Reserve Chair Jerome Powell takes the stage Friday at the annual Jackson Hole, Wyoming, economic forum, he will face pressures ranging from President Trump's repeated calls for his resignation to a recent mix of worrying economic data. Powell, whose term as Fed chair ends in May of 2026, could be making his last major speech as the central bank's leader at the event, which is hosted by the Federal Reserve Bank of Kansas City. The symposium is closely watched by investors and economists because it provides a stage for Fed officials to share their views on the economy and the direction of monetary policy. ...
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