Fed Chair Jerome Powell signals path to rate cuts
Digest more
Federal Reserve Chair Jerome Powell is set to address an annual gathering of central bankers and economics bigwigs at a mountain resort in Jackson Hole, Wyo., Friday. Here's what you need to know: What exactly is the Jackson Hole Economic Policy Symposium?
If inflation starts climbing again after a rate cut, “the Fed will have to reverse course — and in the worst case, start hiking again,” Slok said.