US Federal Reserve Chair Jerome Powell will address the annual economic symposium in Jackson Hole, Wyoming, on Friday. Photo: Reuters
US Federal Reserve Chair Jerome Powell will address the annual economic symposium in Jackson Hole, Wyoming, on Friday. Photo: Reuters

analysis | China interest rate cuts further widen US policy gap, with all eyes on next Fed move at Jackson Hole

  • China’s central bank on Monday cut both the one-year and five-year loan prime rates, continuing its policy divergence from the US Federal Reserve
  • US Federal Reserve Chair Jerome Powell will address the annual economic symposium in Jackson Hole to offer clues about the central bank’s next moves

US Federal Reserve Chair Jerome Powell will address the annual economic symposium in Jackson Hole, Wyoming, on Friday. Photo: Reuters
US Federal Reserve Chair Jerome Powell will address the annual economic symposium in Jackson Hole, Wyoming, on Friday. Photo: Reuters
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