Federal Reserve Chair Jerome Powell will deliver the keynote address Friday at the Jackson Hole Economic Policy Symposium, where he is expected to address potential interest rate cuts.

At its most recent meeting, the Federal Reserve left the federal funds rate unchanged at a range of 4.25% to 4.50%, where it has remained since December 2024.

RELATED STORY | Federal Reserve Chair Powell to address interest rate outlook at Jackson Hole

In September 2024, the Fed cut rates from a 23-year high by 50 basis points, followed by two 25-basis-point reductions later that year.

Since President Donald Trump took office in January 2025, the Fed has not adjusted rates a stance that has angered Trump, who argues that high interest rates are hurting the economy. Powell has countered that rates remain

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