Former Kansas City Federal Reserve President Thomas Hoenig discussed Federal Reserve Chair Jerome Powell’s upcoming speech at the Jackson Hole Economic Symposium. Hoenig emphasized the challenges Powell faces in balancing inflation control and economic growth amidst ongoing political and economic pressures.

### Federal Reserve Challenges
Hoenig highlighted the difficult position Powell is in, as rising inflation rates and economic uncertainties complicate decision-making for the Federal Reserve. The upcoming speech is expected to address these pressing issues.

### Economic Pressures
As inflation continues to impact the economy, Hoenig’s insights suggest that Powell will need to navigate a complex landscape of economic indicators and political influences during his address at the symposium.