Federal Reserve officials expressed a range of opinions at the Jackson Hole Symposium, with Fed Chair Jerome Powell indicating readiness to hike rates, while others, like Chicago Fed President Austan Goolsbee, expressed caution. Goolsbee emphasized the ongoing work of the Fed to manage inflation, and voiced concerns about supply chain disruptions and the potential impact of a significant auto strike. The statements from Fed officials led to a 0.8% increase in the SPDR S&P 500 ETF Trust (NYSE:SPY).