Jackson Hole, Powell
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The stock market is heading into a catalyst-filled week as Fed Chair Jerome Powell gets ready to speak at Jackson Hole and big retailers report earnings.
U.S. stocks ended mostly flat on Monday as investors followed the meeting between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky and awaited Federal Reserve Chair Jerome Powell's Friday speech at the annual monetary-policy symposium in Jackson Hole,
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.
All eyes are on Jerome Powell this week as he prepares to make a major speech in this week where investors are hoping to gain insight into rate cuts.
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.
Federal Reserve Chair Jerome Powell is scheduled to speak at a research conference on Friday in Jackson Hole, Wyoming. What can we expect?
Chair Jerome Powell in remarks on Friday is expected to unveil the Fed’s new policy framework — the strategy it’ll use to achieve its inflation and employment goals. Powell may also drop some hints about the Fed’s thinking ahead of its September policy meeting.
Last week’s consumer and producer price data “revived [the] stickiness of inflation debate, he says. While jobless claims were subdued, a nonfarm payrolls report at the start of August showed the 3-month average at its weakest since 2010 when unemployment was 9%, he adds.