The investing world will turn its attention to northwestern Wyoming in the week ahead, with Chair Jerome Powell set to give his most important policy speech of the

This week's set-piece event is the Jackson Hole central-bank gathering in Wyoming, slated for Thursday through Saturday. Investors will be glued to Federal Reserve Chair Jerome Powell's speech, hoping for any insight into whether the central bank might kick off interest-rate cuts in September.

Federal Reserve Chair Jerome Powell will offer an economic outlook at the central bank’s annual symposium. The subtext of this year’s speech is more important.