5.2K views · 31 reactions | The annual Jackson Hole Economic Symposium kicks off this week, as markets and the White House continue to push for interest rate cuts in September. It also marks Jerome Powell's final Jackson Hole speech as Fed chair. Here's what's at stake ahead of his last address. Read more: yhoo.it/3HA3oR4 | Yahoo Finance | Facebook

Tariffs and Inflation: Powell's Warning on Economic Risks Federal Reserve Chair Jerome Powell recently highlighted a critical issue: higher tariffs are pushing up prices in certain goods, leading to increased overall inflation. In a press conference following a 25-basis-point rate cut, Powell noted that while tariff effects might be temporary, there's a risk they could persist, complicating the Fed's efforts to manage inflation without stifling job growth. This comes as the Fed signals no Decemb