Central Bankers Gather in Jackson Hole

Central bankers convene in Jackson Hole, Wyoming, to support Federal Reserve Chair Jerome Powell amid ongoing criticism from President Trump. The President has been pressuring Powell to lower interest rates and is reportedly considering candidates to replace him.

Pressure on Interest Rates

Powell faces mounting pressure from the White House, as Trump seeks to influence monetary policy. The discussions at the conference may shape future decisions regarding interest rate adjustments amid concerns about inflation and economic growth.