Odaily News Fed Chairman Jerome Powell is scheduled to speak on the economic outlook at 10:00 p.m. Beijing time next Friday, the first full day of the Kansas City Fed's annual economic symposium in Jackson Hole, Wyoming. The annual global central bank meeting provides Powell with an opportunity to give an updated assessment of the trajectory of the U.S. economy and the outlook for monetary policy between the Fed's July and September policy meetings. Last month, he said the Fed may consider cutting interest rates at its next meeting if inflation and the labor market continue to cool.