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Federal Reserve (Fed) Chairman Powell spoke about the Fed's new monetary policy framework in his speech at Jackson Hole. The new framework calls for a flexible approach to controlling inflation.

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According to a source in the Wall Street Journal, Donald Trump is considering firing Federal Reserve Board Governor Lisa Cook, unless she resigns. Lisa Cook is accused of committing mortgage fraud when she bought two properties. According to the charges, she said the properties would be her primary residence, but in reality they were not. If the charges are proven, Trump could fire her 'for cause'.

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Zelensky: Russia can only be forced to peace through force. #Fundamental

Trump wrote on his social media platform Truth Social that the remaining hostages will be returned once Hamas is destroyed. On the other hand, regarding the war in Ukraine and Russia, he wrote: "Today is a big day at the White House. Never before have so many European leaders been here together. This is a great honor for America!!! Let's see what the outcome is???" Among those who will be present in Washington for today's meeting are: French President Emmanuel Macron British Prime Minister Keir Starmer German Chancellor Friedrich Merz Italian Prime Minister Giorgi Meloni Finnish President Alexander Stubbs European Commission President Ursula von der Leyen NATO Secretary General Mark Rutte (he is not a member of the European Union, but is attending as part of the European delegation)