Powell, Wall Street and s&p 500
Digest more
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.
Investors are bracing for volatility as Federal Reserve Chair Jerome Powell walks a fine line between curbing inflation and supporting the labor market, with thin August trading poised to magnify any market moves from his Jackson Hole speech on Friday.
Wall Street is holding relatively steady ahead of a highly anticipated speech about where U.S. interest rates may be heading.