Jackson Hole, Powell and Fed
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2hon MSN
Powell’s Jackson Hole speech could be make-or-break moment for the summer stock-market rally
Investors have all eyes fixed on the Federal Reserve’s annual economic symposium in Jackson Hole, Wyo., as the Fed charts the future direction of the monetary policy in what could be a defining moment for the market’s summer story.
Jerome Powell is preparing to take the mic once more. The Federal Reserve Chair is due to deliver remarks at 10 a.m. Eastern on Friday, as part of the annual economic symposium hosted by the Kansas City Fed in Jackson Hole,
With his tenure ending, Fed Chair Jerome Powell faces market pressure and White House criticism in a pivotal Jackson Hole appearance.
2hon MSN
Fed Chair Powell 'reluctant' to commit to rate decision at Jackson Hole, says Wells Fargo's House
Sarah House, Wells Fargo senior economist, joins 'Closing Bell Overtime' to talk what to expect out of Federal Reserve Chair Jerome Powell's Jackson Hole speech, and what Wells Fargo is monitoring in the U.
The president's latest attack comes as Powell is scheduled to deliver remarks at the Fed's annual conference in Jackson Hole, WY, on Friday.
Investors are bracing for volatility as Federal Reserve Chair Jerome Powell walks a fine line between curbing inflation and supporting the labor market, with thin August trading poised to magnify any market moves from his Jackson Hole speech on Friday.
U.S. stocks closed lower Thursday, with the S&P 500 index logging a fifth straight daily loss, as technology stocks slumped and investors waited to hear from Federal Reserve Chair Jerome Powell on Friday.
Federal Reserve chair is under bombardment from Donald Trump and battling an insurgency within the central bank