Chairman Powell delivered a resolute keynote speech at this year’s Jackson Hole Economic Symposium this morning that shook the financial markets to their core.

Each year the Kansas City Federal Reserve hosts one of the most important economic symposiums in Jackson Hole, Wyoming. This major event is attended by the top central bankers in the United States and globally.

This year’s Jackson Hole Symposium will unquestionably be the most important event this month. Central bankers and analysts will face a unique economic backdrop much different than last year’s symposium.