Jackson Hole, federal reserve and Jerome Powell
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Powell has used Jackson Hole to battle inflation and buoy jobs; he's now caught between both
By Howard Schneider WASHINGTON (Reuters) -Fed Chair Jerome Powell used the central bank's annual Wyoming research conference to promise inflation-fighting rigor when it was needed in 2022, then last year he came to the defense of the job market with promises of lower interest rates when the unemployment rate seemed on a steady rise.
Investors are tracking talks aimed at ending the Russia-Ukraine war and awaiting Federal Reserve Chair Jerome Powell's speech at Jackson Hole at the end of the week.
What will Federal Reserve Chair Jerome Powell signal about interest rates at this year's Jackson Hole gathering? The central-bank gathering has sometimes been a venue for marking shifts in Fed policy,
Jerome Powell has the ideal platform Friday to deliver a clear signal the Federal Reserve is about to resume cutting interest rates. But the economy isn’t giving him an equally clear signal that now is the time.
As Federal Reserve officials gather in Jackson Hole, Wyo., this week for their 43rd annual economic policy symposium, Federal Reserve Chair Jerome Powell and his central bank colleagues face a dilemma: hold interest rates steady in September on account of rising inflation,
The dollar was edging up as investors awaited the Federal Reserve's Jackson Hole economic symposium later this week. Fed Chair Jerome Powell will speak Friday at the event and the market will be looki
According to Bloomberg Economics, "Federal Reserve Chair Jerome Powell has the opportunity to settle the speculation with his speech at the annual Jackson Hole Symposium", but economists Anna Wong, Stuart Paul, Eliza Winger, Estelle Ou and Chris G. Collins think he won't be as frank this year.
Gold price stalls below 50-day MA as traders await Powell’s Jackson Hole speech and Fed rate cut signals. Technical weakness keeps outlook neutral to bearish.