Federal Reserve Chair Jerome Powell is set to deliver a pivotal speech at the Jackson Hole Economic Policy Symposium in Wyoming on August 22, 2025. This address is widely anticipated by investors and analysts as potentially one of Powell's most important, and possibly his final, policy speeches. Market participants are closely watching for signals regarding the Federal Reserve's monetary policy direction, particularly the likelihood of a rate cut in September. Current market pricing reflects an approximately 80% to 83% chance of a rate reduction, driven by ongoing concerns over sticky inflation and cooling job growth. Powell is expected to unveil a new policy framework that may emphasize inflation targeting and could reshape the Fed’s dual mandate. The speech is also seen as a key moment for Powell's legacy amid internal challenges within the Fed and external political pressures. Market volatility is anticipated in response to Powell’s remarks, with potential impacts on various asset classes including small-cap stocks and cryptocurrencies such as Ethereum. The Jackson Hole gathering has drawn heightened attention as traders increase wagers on a dovish Fed stance, making Powell’s address a critical near-term market catalyst.