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Powell to Headline Jackson Hole and Speak on Long-Awaited Review

  • The chairman may shed light on an average inflation target
  • The central bank has consistently undershot its 2% goal
Jerome Powell

Jerome Powell

Photographer: Andrew Harrer/Bloomberg
Updated on

Federal Reserve Chairman Jerome Powell will deliver a speech at next week’s annual Jackson Hole symposium on the central bank’s long-awaited monetary policy framework review, which has focused on a new inflation strategy.

The speech to the Federal Reserve Bank of Kansas City event, which will be virtual this year and livestreamed to the public, is set for Aug. 27 at 9:10 a.m. New York time, according to the weekly schedule of public Fed appearances released Thursday.