US Fed minutes, Jerome Powell's Jackson Hole speech in focus
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Financial markets are taking in a collective breath ahead of Jerome Powell's eighth and final keynote Jackson Hole speech as Federal Reserve Chair. If the moves following his last seven are any guide,
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Jerome Powell's Jackson Hole Speech Could Make or Break the Stock Market Rally
Federal Reserve chair Jerome Powell is scheduled to speak at the central bank's annual Jackson Hole Symposium on Friday, an event that could be a major test of the stock market's post-"Liberation Day" rally.
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.
The highlight of the Kansas City Fed’s Jackson Hole symposium is the Federal Reserve chair’s speech on Friday. This year, the economy faces economic and political cross-currents as Jerome Powell addresses the gathering for the last time.
Crypto bloodbath deepens with cryptocurrencies and crypto-related stocks down as traders await the July FOMC minutes and Powell’s Jackson Hole speech.
Jay Powell’s speech at the Federal Reserve’s August summit in Jackson Hole, Wyoming, is always a high-stakes moment. This year, the central bank’s chair takes the podium under fire — facing fierce attacks from Donald Trump and a growing insurgency within his own institution.
Powell has never responded directly to Trump's provocations, and I, personally, expect this issue to play a predominant role at his latest meeting in Jackson Hole, perhaps even more so than the interest rate discussion. The independence of central banks is much more important than a 25 basis point change in the coming month.
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.