Powell faces economic crossroads in Jackson Hole speech as Fed chair tenure nears end
1. Powell's Jackson Hole speech is highly anticipated amid economic uncertainty. 2. Recent jobs report shows weaker job creation, raising concerns for the labor market. 3. Inflation remains above the Fed's target, influenced by recent tariffs. 4. Market expects interest rate cuts to start in September following Powell's address. 5. Upcoming economic data releases may significantly influence market sentiment.