The U.S. Fed annual Jackson Hole meeting is about to get spicy. On Aug 22, 10 a.m. ET (10 p.m. UTC+8), Fed Chair Jerome Powell will hit the stage to talk about the economy’s outlook and the Fed’s game plan.
Why it matters:
Inflation Twist – Recent tariffs have added some heat to prices.
Job Market Cool-Down – Hiring is slowing, hinting the economy might be losing steam.
Rate Cut Buzz – Traders are betting the Fed could cut interest rates by 25 bps next month.
Political Pressure 🏛️
President Trump isn’t staying quiet. He’s pushing for a cut now and reportedly eyeing Powell’s replacement when his term ends in May 2026.
What’s at stake?
Powell’s tone could:
🚀 Boost stocks & crypto if he hints at easing.
📉 Hit risk assets if he stays hawkish.
💵 Shake up the USD and bond yields in real time.
Key Date: Aug 22 – mark it, because markets will be glued to every word.
⚠️ DYOR. Not financial advice.
Stay sharp and stay informed