This year, the Fed’s Jackson Hole symposium, which wrapped up Saturday, was at times a tense affair and drove home how difficult the path ahead is for the US central bank. On Friday, Chair Jerome Powell used his keynote speech to signal the Fed is headed for an interest-rate cut as soon as its next policy meeting in September.

The Federal Reserve Bank of Kansas City’s annual economic symposium in Jackson Hole, Wyoming is winding down. Here are some of the key takeaways from the conference: Powell also used his speech to introduce changes to the central bank’s overarching monetary policy strategy,

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.