Federal Reserve Chair Jerome Powell will deliver a keynote address at the annual Jackson Hole event on Friday at a crucial time as the economy anticipates the central bank's next interest rate cut and as his tenure at the helm of the Fed winds down.Powell's speech in the spotlight at Jackson Hole is expected to be his last as Fed chair, as his term expires in May 2026 and President Donald Trump is vowing not to reappoint him to the role. Trump appointed Powell to the role in 2017. His term as a Fed governor extends into 2028, though Powell hasn't said whether he'll continue to serve after his...
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