Fed Chair Powell News

August 22, 2025 Monetary Policy and the Fed's Framework Review Chair Jerome H. Powell At "Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy," an economic symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming Watch Live. The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the central bank.

Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate. The Fed chair said the decision would be based on incoming economic data, signaling it was not a response to Trump's calls for lower borrowing costs. In a high-profile speech closely watched at the White House and on Wall Street, Powell said that there are risks of both rising unemployment and stubbornly higher inflation.

Eight months have elapsed since the Fed last adjusted interest rates. Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a hiring slowdown. Federal Reserve chairman Jerome Powell signaled a possible interest rate cut in the months to come, sending stocks sharply higher.

Both Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell's high-profile speech Friday at the Fed's annual economic symposium in Jackson Hole, Wyoming. Federal Reserve Chair Jerome Powell delivered his annual address Friday morning at the central bank's annual symposium in Jackson Hole, Wyoming. Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet.

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