Since 1982, the Federal Reserve Bank of Kansas City has hosted a conference in Jackson Hole. The Fed chair usually speaks at the event, and, as with any public speech from Powell, investors will pore through his remarks to glean whether the Federal Reserve will cut rates.

The Federal Reserve’s annual conference, hosted by the Kansas City Fed in Jackson Hole, Wyoming, began Thursday evening with a dinner for the central bankers, economists and journalists who have flown in from around the world.