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Federal Reserve Chair Jerome Powell is slated to deliver a high-profile speech in Jackson Hole, Wyo., Friday morning about how the central bank sees the economy and what its next steps may be.
Markets initially dropped after Bernanke’s remarks, but ended the day higher. Shortly after the Jackson Hole meeting, the Fed launched QE3. In 2016, then-Fed Chair Janet Yellen, the current ...
Jackson Lake Lodge Hillary Rodham Clinton at Jackson Lake Lodge with Grand Teton mountain in background. The Federal Reserve's Jackson Hole Economic Symposium is a three-day annual international conference hosted by the Federal Reserve Bank of Kansas City at Jackson Hole in the United States attended by central bank leaders from around the world.
Powell has pledged to be data-dependent, and there is lots of economic data before the Fed's Sept 17-18 meeting. STOCK SHOCKS Big market moves during the Jackson Hole symposium aren't common, but ...
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell all but proclaimed victory in the fight against inflation and signaled that interest rate cuts are coming in a much-anticipated speech Friday in Jackson Hole, Wyoming. Under Powell, the Fed raised its benchmark rate to the highest level in 23 years to subdue inflation that two years ago ...
Traditionally, Fed chairs have used their Jackson Hole speech to deliver an important, longer-term policy message. Former Fed Chair Ben Bernanke used his speech in 2010 to present an argument that ...
The tradition of gathering in Jackson Hole began more than four decades ago, when officials from the Federal Reserve Bank of Kansas City picked the spot for their get-together in 1982.
Powell’s Jackson Hole comments have come to serve as a form of inter-meeting guidance for investors, a preview of future Fed policy that can move markets dramatically. The main event will take ...