Fed Chair Powell’s Jackson Hole Speech Could Jolt Markets
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The annual Jackson Hole Economic Symposium takes place later this week. It will attract policymakers from around the world and feature highly anticipated remarks from Federal Reserve Chair Jerome Powell.
The markets expect a rate cut in September and all eyes will be on Fed Chair Jay Powell Friday at Jackson Hole. Click here to read what investors need to know.
Federal Reserve Chair Jerome Powell's upcoming speech at the Jackson Hole Economic Policy Symposium on Friday is being billed as a pivotal, "make-or-break" moment for the central bank's more dovish contingent.
Powell’s Jackson Hole speech looms as markets temper Fed rate-cut bets, with hot PPI data, labor market weakness, and tariff risks clouding outlook.
The Federal Reserve chairman is under bombardment from Donald Trump and battling an insurgency within the central bank as he heads to Jackson Hole.
The Nasdaq fell as megacaps lost, after having rallied for much of the year. Nvidia fell 3.5%, the biggest drop in nearly four months.
1don MSN
Powell has used Jackson Hole to battle inflation and buoy jobs; he's now caught between both
Incoming information has confounded Fed Chair Jerome Powell's data-dependent strategy by pulling in both directions.
In a note to clients Thursday, Wolfe Research analysts warned that Federal Reserve Chair Jerome Powell could deliver a hawkish message at next week’s Jackson Hole Symposium, potentially unsettling equity markets.