Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.

Federal Reserve Chairman Jerome Powell is delivering a high-profile speech in Jackson Hole, Wyoming, as he faces major pressure from President Donald Trump to lower interest rates. He’s scheduled to begin speaking at 10 a.

Central bankers from around the world are gathering in Jackson Hole, Wyoming, this week. Not for sightseeing or fly fishing, but for the Federal Reserve’s annual Economic Policy Symposium. Fed chair Jay Powell is set to speak Friday and analysts will be paying extra attention to his comments on the labor market — especially after that weak July jobs report we saw a few weeks ago.