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Reserve chairman Jerome Powell acknowledged that the economy has grown more turbulent since the Fed cut rates, but stopped short of giving any indication about what might be coming at the next rate-setting meeting in September during an address at an annual economic symposium in Jackson Hole, Wyoming.”,”headlinePostText”:””,”headlinePreText”:””,”headlineText”:”Powell doesn’t tip hand about what Fed will do next”,”headlinePlainText”:”Powell doesn’t tip hand about what Fed will do next”,”iconImageUrl”:””,”iconType”:”video”,”isMobileBannerText”:false,”kickerText”:””,”maximizedBannerSize”:[],”media”:{“contentType”:”image”,”type”:”element”,”cutFormat”:”16:9″,”elementContents”:{“caption”:”US Federal Reserve Chairman Jerome Powell speaks during a press conference after a Federal Open Market Committee meeting in Washington, DC on July 31, 2019. – The US Federal Reserve cut the benchmark lending rate on Wednesday for the first time in more than a decade, moving to stimulate the economy after a 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Powell signaled Wednesday that the US central bank is not launching a new round of interest rate cuts to boost the economy. With many economists expected at least one more rate cut this year, Powell said the move Wednesday was to “insure” the economy against global uncertainties (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo credit should read ANDREW CABALLERO-REYNOLDS/AFP/Getty Images)”,”imageAlt”:”US Federal Reserve Chairman Jerome Powell speaks during a press conference after a Federal Open Market Committee meeting in Washington, DC on July 31, 2019. – The US Federal Reserve cut the benchmark lending rate on Wednesday for the first time in more than a decade, moving to stimulate the economy after a year of sustained pressure from President Donald Trump. Powell signaled Wednesday that the US central bank is not launching a new round of interest rate cuts to boost the economy. 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(Photo by ERIC PIERMONT / AFP) (Photo credit should read ERIC PIERMONT/AFP/Getty Images)”,”imageUrl”:”//cdn.cnn.com/cnnnext/dam/assets/190731094047-01-jerome-powell-0716-large-169.jpg”,”label”:””,”galleryTitle”:””,”head”:””,”source”:”AFP/Getty Images”,”photographer”:”ERIC PIERMONT/AFP/Getty Images”,”cuts”:{“mini”:{“width”:220,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/190731094047-01-jerome-powell-0716-small-169.jpg”,”height”:124},”xsmall”:{“width”:307,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/190731094047-01-jerome-powell-0716-medium-plus-169.jpg”,”height”:173},”small”:{“width”:460,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/190731094047-01-jerome-powell-0716-large-169.jpg”,”height”:259},”medium”:{“width”:780,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/190731094047-01-jerome-powell-0716-exlarge-169.jpg”,”height”:438},”large”:{“width”:1100,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/190731094047-01-jerome-powell-0716-super-169.jpg”,”height”:619},”full16x9″:{“width”:1600,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/190731094047-01-jerome-powell-0716-full-169.jpg”,”height”:900},”mini1x1″:{“width”:120,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/190731094047-01-jerome-powell-0716-small-11.jpg”,”height”:120}},”responsiveImage”:true,”originalImageUrl”:”//cdn.cnn.com/cnnnext/dam/assets/190731094047-01-jerome-powell-0716.jpg”},”duration”:”1:47″},”noFollow”:false,”overMediaText”:””,”sectionUri”:””,”showSocialSharebar”:false,”shortUrl”:””,”statusText”:””,”statusColor”:””,”targetType”:””,”timestampDisplay”:””,”timestampUtc”:””,”lastModifiedText”:””,”lastModifiedState”:””,”type”:”card”,”url”:”http://rss.cnn.com/videos/business/2019/08/23/jerome-powell-federal-reserve-no-win-situation-egan-sot-first-move.cnn/video/playlists/business-news/”,”width”:””,”webDisplayName”:”Business”,”height”:””,”videoCMSUri”:”http://rss.cnn.com/video/data/3.0/video/business/2019/08/23/jerome-powell-federal-reserve-no-win-situation-egan-sot-first-move.cnn/index.xml”,”videoId”:”business/2019/08/23/jerome-powell-federal-reserve-no-win-situation-egan-sot-first-move.cnn”,”adSection”:”const-video-leaf”,”dateCreated”:”10:27 AM ET, Fri August 23, 2019″,”sourceName”:”CNN”,”sourceLink”:”http://www.cnn.com/”,”videoCollectionUrl”:”http://rss.cnn.com/video/playlists/business-news/”},”contentType”:”video”,”maximizedBanner”:false,”type”:”card”,”autoStartVideo”:false},{“branding”:””,”cardContents”:{“additionalSections”:[],”auxiliaryText”:””,”bannerText”:[],”bannerHasATag”:false,”bannerPosition”:””,”brandingLink”:””,”brandingImageUrl”:””,”brandingTextHead”:””,”brandingTextSub”:””,”cardSectionName”:”business”,”contentType”:””,”cta”:”share”,”descriptionText”:[“David Koch, billionaire businessman and powerful political donor, is dead at 79 years old.”],”descriptionPlainText”:”David Koch, billionaire businessman and powerful political donor, is dead at 79 years old.”,”headlinePostText”:””,”headlinePreText”:””,”headlineText”:”Conservative billionaire David Koch dies”,”headlinePlainText”:”Conservative billionaire David Koch dies”,”iconImageUrl”:””,”iconType”:”video”,”isMobileBannerText”:false,”kickerText”:””,”maximizedBannerSize”:[],”media”:{“contentType”:”image”,”type”:”element”,”cutFormat”:”16:9″,”elementContents”:{“caption”:”David Koch, Executive Vice President of Koch Industries, Inc., attends The Economic Club of New York, Monday, Dec. 10, 2012. (AP Photo/Mark Lennihan)”,”imageAlt”:”David Koch, Executive Vice President of Koch Industries, Inc., attends The Economic Club of New York, Monday, Dec. 10, 2012. 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They are also some of the biggest players in politics. CNN’s Christine Romans reports. “],”descriptionPlainText”:”Charles and David Koch run Koch Industries, one of the largest privately held companies in the US. They are also some of the biggest players in politics. CNN’s Christine Romans reports.”,”headlinePostText”:””,”headlinePreText”:””,”headlineText”:”Koch brothers are giants of industry and politics (2015)”,”headlinePlainText”:”Koch brothers are giants of industry and politics (2015)”,”iconImageUrl”:””,”iconType”:”video”,”isMobileBannerText”:false,”kickerText”:””,”maximizedBannerSize”:[],”media”:{“contentType”:”image”,”type”:”element”,”cutFormat”:”16:9″,”elementContents”:{“caption”:””,”imageAlt”:””,”imageUrl”:”//cdn.cnn.com/cnnnext/dam/assets/131104071804-david-koch-large-169.jpg”,”label”:””,”galleryTitle”:””,”head”:””,”source”:”CNN”,”photographer”:”Nicholas Kamm/AFP/Getty Images”,”cuts”:{“mini”:{“width”:220,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/131104071804-david-koch-small-169.jpg”,”height”:124},”xsmall”:{“width”:307,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/131104071804-david-koch-medium-plus-169.jpg”,”height”:173},”small”:{“width”:460,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/131104071804-david-koch-large-169.jpg”,”height”:259},”medium”:{“width”:780,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/131104071804-david-koch-exlarge-169.jpg”,”height”:438},”large”:{“width”:1100,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/131104071804-david-koch-super-169.jpg”,”height”:619},”full16x9″:{“width”:1600,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/131104071804-david-koch-full-169.jpg”,”height”:900},”mini1x1″:{“width”:120,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/131104071804-david-koch-small-11.jpg”,”height”:120}},”responsiveImage”:true,”originalImageUrl”:”//cdn.cnn.com/cnnnext/dam/assets/131104071804-david-koch.jpg”},”duration”:”1:22″},”noFollow”:false,”overMediaText”:””,”sectionUri”:””,”showSocialSharebar”:false,”shortUrl”:””,”statusText”:””,”statusColor”:””,”targetType”:””,”timestampDisplay”:””,”timestampUtc”:””,”lastModifiedText”:””,”lastModifiedState”:””,”type”:”card”,”url”:”http://rss.cnn.com/videos/business/2019/08/23/koch-brothers-who-is-profile-romans-pkg.cnn/video/playlists/business-news/”,”width”:””,”webDisplayName”:”Business”,”height”:””,”videoCMSUri”:”http://rss.cnn.com/video/data/3.0/video/business/2019/08/23/koch-brothers-who-is-profile-romans-pkg.cnn/index.xml”,”videoId”:”business/2019/08/23/koch-brothers-who-is-profile-romans-pkg.cnn”,”adSection”:”const-video-leaf”,”dateCreated”:”8:53 AM ET, Fri August 23, 2019″,”sourceName”:”CNN”,”sourceLink”:”http://www.cnn.com/”,”videoCollectionUrl”:”http://rss.cnn.com/video/playlists/business-news/”},”contentType”:”video”,”maximizedBanner”:false,”type”:”card”,”autoStartVideo”:false},{“branding”:””,”cardContents”:{“additionalSections”:[],”auxiliaryText”:””,”bannerText”:[],”bannerHasATag”:false,”bannerPosition”:””,”brandingLink”:””,”brandingImageUrl”:””,”brandingTextHead”:””,”brandingTextSub”:””,”cardSectionName”:”business”,”contentType”:””,”cta”:”share”,”descriptionText”:[“Apple is warning customers that some fabrics, such as leather and denim, could u003ca href=”http://www.cnn.com/2019/08/22/tech/apple-card-discoloration-trnd/index.html” target=”_blank”>cause permanent discoloration to the Apple Cardu003c/a>. 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So CNN Business tested it out.”,”headlinePostText”:””,”headlinePreText”:””,”headlineText”:”We did what Apple told us not to with the Apple Card”,”headlinePlainText”:”We did what Apple told us not to with the Apple Card”,”iconImageUrl”:””,”iconType”:”video”,”isMobileBannerText”:false,”kickerText”:””,”maximizedBannerSize”:[],”media”:{“contentType”:”image”,”type”:”element”,”cutFormat”:”16:9″,”elementContents”:{“caption”:””,”imageAlt”:””,”imageUrl”:”//cdn.cnn.com/cnnnext/dam/assets/190823143846-apple-card-test-large-169.jpg”,”label”:””,”galleryTitle”:””,”head”:””,”source”:”CNN”,”photographer”:””,”cuts”:{“mini”:{“width”:220,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/190823143846-apple-card-test-small-169.jpg”,”height”:124},”xsmall”:{“width”:307,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/190823143846-apple-card-test-medium-plus-169.jpg”,”height”:173},”small”:{“width”:460,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/190823143846-apple-card-test-large-169.jpg”,”height”:259},”medium”:{“width”:780,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/190823143846-apple-card-test-exlarge-169.jpg”,”height”:438},”large”:{“width”:1100,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/190823143846-apple-card-test-super-169.jpg”,”height”:619},”full16x9″:{“width”:1600,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/190823143846-apple-card-test-full-169.jpg”,”height”:900},”mini1x1″:{“width”:120,”type”:”jpg”,”uri”:”//cdn.cnn.com/cnnnext/dam/assets/190823143846-apple-card-test-small-11.jpg”,”height”:120}},”responsiveImage”:true,”originalImageUrl”:”//cdn.cnn.com/cnnnext/dam/assets/190823143846-apple-card-test.jpg”},”duration”:”1:07″},”noFollow”:false,”overMediaText”:””,”sectionUri”:””,”showSocialSharebar”:false,”shortUrl”:””,”statusText”:””,”statusColor”:””,”targetType”:””,”timestampDisplay”:””,”timestampUtc”:””,”lastModifiedText”:”5 h”,”lastModifiedState”:””,”type”:”card”,”url”:”http://rss.cnn.com/videos/business/2019/08/23/we-did-what-apple-told-us-not-to-with-the-apple-card-orig.cnn-business/video/playlists/business-news/”,”width”:””,”webDisplayName”:”Business”,”height”:””,”videoCMSUri”:”http://rss.cnn.com/video/data/3.0/video/business/2019/08/23/we-did-what-apple-told-us-not-to-with-the-apple-card-orig.cnn-business/index.xml”,”videoId”:”business/2019/08/23/we-did-what-apple-told-us-not-to-with-the-apple-card-orig.cnn-business”,”adSection”:”const-video-leaf”,”dateCreated”:”1:41 PM ET, Fri August 23, 2019″,”sourceName”:”CNN Business”,”sourceLink”:”http://www.cnn.com/business”,”videoCollectionUrl”:”http://rss.cnn.com/video/playlists/business-news/”},”contentType”:”video”,”maximizedBanner”:false,”type”:”card”,”autoStartVideo”:false},{“branding”:””,”cardContents”:{“additionalSections”:[“us”,”politics”],”auxiliaryText”:””,”bannerText”:[],”bannerHasATag”:false,”bannerPosition”:””,”brandingLink”:””,”brandingImageUrl”:””,”brandingTextHead”:””,”brandingTextSub”:””,”cardSectionName”:”business”,”contentType”:””,”cta”:”share”,”descriptionText”:[“CNN’s Vanessa Yurkevich reports the US Steel announcement that it will temporarily lay off 200 workers in Ecorse, Michigan, has left many in the community confused and shocked.”],”descriptionPlainText”:”CNN’s Vanessa Yurkevich reports the US Steel announcement that it will temporarily lay off 200 workers in Ecorse, Michigan, has left many in the community confused and shocked.”,”headlinePostText”:””,”headlinePreText”:””,”headlineText”:”US Steel announces temporary layoffs”,”headlinePlainText”:”US Steel announces temporary layoffs”,”iconImageUrl”:””,”iconType”:”video”,”isMobileBannerText”:false,”kickerText”:””,”maximizedBannerSize”:[],”media”:{“contentType”:”image”,”type”:”element”,”cutFormat”:”16:9″,”elementContents”:{“caption”:”GARY, INDIANA – JUNE 20: A sign is posted at the entrance of United States Steel’s (USS) Gary Works facility on June 20, 2019 in Gary, Indiana. USS recently announced that it would temporarily shut down a blast furnace at the facility, another at a USS facility near Detroit and idle a third plant in Europe. The moves come as falling steel prices and weakening demand threaten the industry. Less than one year ago President Donald Trump visited a USS facility in Granite City, Illinois as it was being brought back online and credited his tariffs on steel imported from China for creating the favorable conditions for the U.S. steel industry. (Photo by Scott Olson/Getty Images)”,”imageAlt”:”GARY, INDIANA – JUNE 20: A sign is posted at the entrance of United States Steel’s (USS) Gary Works facility on June 20, 2019 in Gary, Indiana. USS recently announced that it would temporarily shut down a blast furnace at the facility, another at a USS facility near Detroit and idle a third plant in Europe. The moves come as falling steel prices and weakening demand threaten the industry. 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