Federal Reserve Chair Jerome Powell delivered his annual speech at the Jackson Hole Economic Symposium on Friday morning. Yahoo Finance spoke to experts across the industry to break down Powell’s speech, what it means for inflation and interest rates at the Fed meeting in September, the impact on the economy, and more.
Video highlights:
00:00:27 – Federal Reserve Board Chair Jerome Powell
00:00:57 – Philadelphia Federal Reserve President Patrick Harker
00:01:18 – Former St. Louis Fed President
00:01:50 – Council of Economic Advisers Chair Jared Berstein
00:02:07 – Boston Fed President Susan Collins
00:02:25 – Former Fed Vice Chair Alan Blinder
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