Fed Chair Powell sparked a big rally as he signaled the central bank could cut rates in September in his remarks at the Jackson Hole policy symposium.

If inflation starts climbing again after a rate cut, “the Fed will have to reverse course—and in the worst case, start hiking again,” Slok said.

The Fed chair delivered a “virtuoso performance” with his Jackson Hole speech, says State Street’s Michael Arone

If the famously data-dependent Federal Reserve Chair Jerome Powell shifts gears and takes a gloomier view of the job market, that could open the door for a rate cut at the Fed’s next meeting in September.

Here are some of the key quotes from Federal Reserve Chair Jerome Powell's speech this morning in Jackson Hole, Wyo. On Interest Rates "With policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance.

Brent Donnelly of Spectra Markets ran a sizeable survey of expectations for Fed Chair Jerome Powell's speech, and of the 473 responses, 51% expect a neutral-to-boring outcome and 43% see a hawkish tint.

The symposium comes amid a confusing economic picture and pressure on several members of the top committee to quit from President Trump.