Powell Jackson Hole meeting speech time released, market focuses on interest rate cut expectations and successor issues.

[Powell's Jackson Hole Meeting Speech Time Announced, Market Focuses on Rate Cut Expectations and Successor Candidates] According to the Fed's schedule, Fed Chairman Powell will deliver a speech on the economic outlook and the Fed's policy framework assessment at the annual central bank conference hosted by the Kansas City Fed in Jackson Hole, Wyoming, on August 22 at 10 a.m. Eastern Time (10 p.m. Beijing Time). This speech comes at a critical moment: the latest data shows that tariff measures have had some impact on inflation, while the labor market is slowing down. This complex situation has strengthened market expectations that the Fed may announce a 25 basis point rate cut at next month's meeting. Meanwhile, President Trump continues to pressure for a rate cut and is looking for a successor. Powell's term as Fed Chairman will end in May next year.