Jerome Powell’s last Jackson Hole speech will test his legacy as he battles inflation, defends Fed independence and pushes back against political pressure.
Here's how the 🇺🇸 stock market has performed around Jerome Powell's recent Jackson Hole speeches – Trend Spider pic.twitter.com/BsBVztZIWI
— Evan (@StockMKTNewz) August 22, 2025
Here’s how $SPY have reacted to Powell’s Jackson Hole speeches:
2024: flat at first, then -4.1% five days out
2023: small bounce, then -1.4% slide
2022: sharp drop, -7.9% five days later
2021: dovish tone, +0.9% day of, gains held
2020: initial rally, then reversal pic.twitter.com/ROvMY0AlJ2— Wall St Engine (@wallstengine) August 22, 2025
🚨 FED NEWS: POWELL
Reports are in that people have seen Fed Powell walking around with his edition of
“Keeping At It”
Paul Volcker book who was known for higher rates in the face of political pressure to lower them.
— The Coastal Journal (@1CoastalJournal) August 21, 2025
On Friday morning Powell will take the dais to deliver his last speech from Jackson Hole as Chair of the Fed. Most Chairs take this last speech to reflect on their legacy leading the central bank in order to gently nudge the history books to look kindly on their work.
— Bob Elliott (@BobEUnlimited) August 22, 2025
The Fed today faces a set of challenges not seen in 50 years. Even a quick read of the early years covered by Blinder’s historical work reminds us that an unruly Executive can put immense pressure on folks in the Eccles building to juice the economy for political benefit.
— Bob Elliott (@BobEUnlimited) August 22, 2025
While Friday’s speech has been positioned as a dry review of the Fed’s recent framework review process, it presents a rare opportunity for Powell to reaffirm the underlying principles of the Fed – data driven and independent of the whims of the political party in office.
— Bob Elliott (@BobEUnlimited) August 22, 2025