Jackson Hole, Powell and s&p 500
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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.
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,
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.
Federal Reserve Chair Jerome Powell is scheduled to speak at a research conference on Friday in Jackson Hole, Wyoming. What can we expect?
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.
All eyes on Powell's Jackson Hole speech this week. Discover key insights on interest rates, retail earnings, and market trends.