"Jay Powell Faces Pressure to Outline US Interest Rate Cut Strategy"

Federal Reserve Chairman Jay Powell is facing pressure to outline a plan for interest rate cuts in the United States amid concerns about the economic outlook. As the US-China trade war continues to escalate and global growth slows, there are growing expectations for the Federal Reserve to lower interest rates to support the economy. Powell's upcoming speech at the Jackson Hole symposium will be closely watched for any indications of future rate cuts.