Federal Reserve chairman Jerome Powell in Jackson Hole in 2022.
Amber Baesler/AP Photo
- US stocks rose ahead of Federal Reserve chairman Jerome Powell's key speech at Jackson Hole.
- Powell is scheduled to deliver remarks on the economy and the path of interest rates at 10 am ET.
- The past three Jackson Hole speeches have led to an average one-month S&P 500 decline of 4%.
US stocks edged higher on Friday ahead of a key speech from Federal Reserve chairman Jerome Powell.