Powell Trump interest rates Jackson Hole.

Both Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell’s high-profile speech Friday at the Fed’s annual economic symposium in Jackson Hole, Wyoming. It comes as mixed signals about the economy complicate the Fed’s upcoming decision on interest rates. Weak data on the job market would suggest the Fed should cut rates. But concerns that inflation could move higher in the coming months make the case for the Fed to stay its current course. President Donald Trump has frequently demanded that the Fed lower rates, adding to the drama surrounding Powell’s remarks.