These are the 3 big challenges Fed chief Jerome Powell faces as he heads to Jackson Hole
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Jerome Powell says Fed prepared to act to sustain recoveryUncertainty caused by Trump’s tariffs on China and other U.S. trading partners is one of the major risks the Fed is watching, said Federal Reserve Chairman Jerome Powell.
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Jerome Powell faces his biggest test yet in high-profile speechFederal Reserve Chairman Jerome Powell will face his most serious test in the job yet when he speaks Friday at the annual economic powwow in Jackson Hole, Wyoming. He is facing tremendous political pressure from President Donald Trump, and expectations from many investors, to deliver more rate cuts.
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Asia set to open near flat ahead of major speech from Fed Chair PowellFed Chair Jerome Powell is set to deliver a speech at a yearly central banking symposium in Jackson Hole, Wyoming.
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Powell: No 'rulebook' on trade, pledges the Fed will 'act as appropriate' to sustain the economyPowell repeated his pledge Friday to keep the economic expansion going while acknowledging that tariffs and other factors are causing growth to slow.
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Powell says Fed will aid economy, but Trump escalates attackFederal Reserve Chairman Jerome Powell signaled Friday that the Fed stands ready to cut interest rates further if the economy needs it but wasn&39;t clear about when or by how much. Powell had barely finished speaking to central bankers in Jackson Hole, Wyoming, before President Donald Trump escalated
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