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Jerome Powell Speech LIVE: US Federal Reserve Chairman Jerome Powell is set to take the stage at his eighth Jackson Hole meeting address in May 2026, as the chief eyes the end of his term. 

Powell may not provide a clear signal about the Fed’s next policy move at the next meeting. However, Wall Street investors are expecting a 25 bps rate cut in September amid the rising risk of an economic slowdown in the US economy. 

Every year, the US Federal Reserve hosts an annual economic symposium, at which central bankers from around the world, academics, economic thinkers, policymakers, and journalists come to discuss the year's economic ideas. 

This year's Jackson Hole meeting is significant as this is likely to be Jerome Powell's last meeting as the US Federal Reserve Chairman, as his term comes to an end with very little chance of him being reappointed to the position by US President Donald Trump.

The US Federal Reserve's FOMC (Federal Open Market Committee) on Wednesday, 30 July 2025, decided to keep the benchmark interest rates unchanged at 4.25 to 4.5%, as the US central bank positioned itself to review more economic data before cutting them. 

“The Committee decided to maintain the target range for the federal funds rate at 4-¼ to 4-½%. In considering the extent and timing of additional adjustments to the target range for the federal funds rate,” said the FOMC. 

The FOMC committee also highlighted concerns about ‘somewhat elevated’ inflation data in the US economy in its July 2025 meeting outcome. 

US Federal Reserve Chairman Jerome Powell will address the annual Jackson Hole Symposium on Friday, 22 August 2025, in Wyoming, United States. His speech is scheduled to start at 10 a.m. (EDT) on Friday.

For people tuning in from India, you can watch Powell's speech today at 7:30 p.m. (IST) on the US Federal Reserve's YouTube channel (link here) or follow our live blog for the head's address and other key updates of the event. 

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Jerome Powell Speech LIVE: US Federal Reserve Chairman Jerome Powell highlighted that the slowdown in the US employment has been ‘much larger than assessed’ one month ago. 

The data showed that the payroll job growth slowed down to 35,000 per month, compared to 168,000 per month in 2024. 

“The July employment report released earlier this month showed that payroll job growth slowed to an average pace of only 35,000 per month over the past three months, down from 168,000 per month during 2024. This slowdown is much larger than assessed just a month ago, as the earlier figures for May and June were revised down substantially,” said Powell. 

Jerome Powell Speech LIVE: In his speech at Jackson Hole, US Federal Reserve Chairman Jerome Powell flagged that upward pressure on prices arising from the tariffs imposed by US President Donald Trump is possible. 

He also said that this is a risk that the US Fed needs to assess and manage. 

“It is also possible, however, that the upward pressure on prices from tariffs could spur a more lasting inflation dynamic, and that is a risk to be assessed and managed,” said Powell in his speech. 

Jerome Powell Speech LIVE: US Federal Reserve Chairman, Jerome Powell, in his address at Jackson Hole said that the Trump tariffs will continue to work its way through the supply chains in the US and if the rates continue to evolve, it can potentially prolong the interest rate adjustment process. 

“It will continue to take time for tariff increases to work their way through supply chains and distribution networks. Moreover, tariff rates continue to evolve, potentially prolonging the adjustment process,” he said. 

Jerome Powell Speech LIVE: The US dollar dropped on Friday after the US Federal Reserve Chair Jerome Powell hinted at a possible rate cut at the Federal Reserve's September FOMC meeting amid inflation risks, but stopped short of committing to cutting interest rates. 

According to the Bloomberg Dollar Spot Index, the US greenback was down 0.57% trading at 98.054 as of 10:13 a.m. (EDT). 

Jerome Powell Speech LIVE: US Federal Reserve Chairman, Jerome Powell, said that the effects of the Trump tariffs on consumer prices are now visible and the Fed expects it to accumulate over the coming months with heightened uncertainty in the economy. 

“The effects of tariffs on consumer prices are now clearly visible. We expect those effects to accumulate over the coming months with high uncertainty about both timing and amounts,” said Jerome Powell in his speech. 

Jerome Powell Speech LIVE: US Fed Chairman Jerome Powell said that the shifting balance of risks may warrant an adjustment in the Federal Reserve's policy stance for the US economy. He also highlighted that there are downside risks to employment rising in the national economy. 

Jerome Powell Speech LIVE: US Federal Reserve Chairman, Jerome Powell, at his last address of the annual Jackson Hole meeting, said that the inflation in the US economy will rise, but at a slower pace. 

Jerome Powell Speech LIVE: All eyes of the world are now on the US Federal Reserve Chairman Jerome Powell as he is moments away from his eighth annual address at the Jackson Hole meeting at the US central bank's organised economic symposium. 

Jerome Powell Speech LIVE: The benchmark indices on Wall Street opened higher on Friday, 22 August 2025, as US market investors awaited and shifted their focus to Jerome Powell's speech at Jackson Hole at 10 a.m. (EDT). 

At 9:30 a.m. (EDT), The Dow Jones Industrial Average gained 0.37% to open at 44,952.88 points. The S&P 500 rose 0.23% to open at 6,384.59 points​, while the tech-heavy Nasdaq Composite opened 0.19% higher at 21,139.826 points on Friday. 

Jerome Powell Speech LIVE: US Federal Reserve Chairman, Jerome Powell, is likely to tread carefully with his policy decisions on the key benchmark rates, as there are chances of price pressures arising from the tariffs imposed by US President Donald Trump on other world nations, reported the news agency Reuters. 

The weak July hiring data, combined with the big downward revisions to hiring in May and June, are fueling the hopes of a coming reduction in the borrowing costs in the US economy, as per the report. 

Jerome Powell Speech LIVE: Given the current complex situation, US Federal Reserve Chairman Jerome Powell may not provide clear signals about the next policy move in what will be his final address as the central bank's Chairman, with his term ending in May 2026. 

Wall Street is expecting a 25 bps rate cut in September as the risk of an economic slowdown in the US increases. However, inflation risks are also prevailing in the current market. 

“On Friday in Jackson Hole, Chair Powell is likely to keep his cards close to his vest, emphasise that the Fed cares very much about their dual mandate and explain that they are data dependent and will need to see the jobs report and the two inflation reports before they can make a determination whether or not to cut interest rates on 17 September,” Chris Zaccarelli, Chief Investment Officer for Northlight Asset Management said. 

Jerome Powell Speech LIVE: US Federal Reserve Chairman, Jerome Powell, is set to address the annual Jackson Hole Symposium on Friday, 22 August 2025 at Wyoming, United States. His speech is scheduled to start at 10 a.m. (EDT) on Friday. 

For people tuning in from India, you can watch Powell's speech today at 7:30 p.m. (IST) on US Federal Reserve's YouTube channel (link here), or follow our blog for the live updates of the event. 

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