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I'm Lydia Who, and this is the Fox Business Rundown.

Monday, August 18th, 2025. Federal Reserve Chair Jerome Powell will speak Friday at the annual Jackson Hole Symposium. This is a huge event where investors and Fed watchers

get to gain insight into the direction of the Fed. The big question,

top of mind, will there be a rate cut next month?

Jackson Hall is not meant to be, you know, a Fed press conference where he's going to lay it all

out. It's a different theme, although people will be listening to see just in case he gives any clue on kind of where he's thinking about going.

The Jackson Hole Economic Policy Symposium is the Central Bank's research conference

where Fed Chair Powell gives attendees a better idea of what the Fed's policy will look like moving forward.

Last year, Powell spoke about the importance of protecting

the cooling labor market with plans to lower interest rates. Now, on the heels of a mixed bag

of economic data, what Powell says at this conference will carry immense weight with investors.

In the housing market, builder confidence has dropped, according to the data released

by the National Association of Home Builders. For over a year, builder sentiment has been in

negative territory, as developers say, affordability remains the top challenge for the market,

...