Jerome Powell's Jackson Hole Speech
Digest more
The bond market appears more prepared for Federal Reserve Chair Jerome Powell to potentially signal on Friday at the annual Jackson Hole Economic Policy Symposium in Wyo. that he may not be in a rush to cut interest rates next month,
If inflation starts climbing again after a rate cut, “the Fed will have to reverse course—and in the worst case, start hiking again,” Slok said.
1don MSN
World shares are mixed as traders await cues on U.S. monetary policy from Jackson Hole meeting
World shares are mixed after Wall Street fell to a fifth straight loss, and as traders look for cues about U.S. monetary policy from a meeting of central bankers in Jackson Hole, Wyoming
18hon MSNOpinion
Retirees: The news from Jackson Hole is ominous for you
If you are retired, you probably need to live off the income from your investments, particularly bonds and certificates of deposit. So what you want are higher interest rates, low inflation and a strong, independent Federal Reserve that can keep inflation low in the future. On Friday, you went 0 for 3.
Wall Street ended higher on Friday with the Dow closing at a record high after investors welcomed Federal Reserve Chair Jerome Powell’s remarks at Jackson Hole.
The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment.
Brent Donnelly of Spectra Markets ran a sizeable survey of expectations for Fed Chair Jerome Powell's speech, and of the 473 responses, 51% expect a neutral-to-boring outcome and 43% see a hawkish tint.