US Fed minutes, Jerome Powell's Jackson Hole speech in focus
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The takeaway is that markets aren’t pricing in any sort of “succession premium” tied to any one chairman. The glidepath of monetary policy — regardless of Powell’s successor — appears structural, anchored to the Fed’s backward-looking framework . If that holds, it would mark a break from recent history.
Fed chair Jerome Powell will deliver remarks at Jackson Hole on Friday. State Street's chief strategist lays out what investors should listen for.
Get insights on the 2023 Fed Symposium in Jackson Hole. Explore market expectations, Powell's agenda, and potential rate cuts' impact on the economy.
Gold ticked up on Wednesday but hovered near three-week lows, as investors looked towards the Federal Reserve's July meeting minutes and the Jackson Hole, Wyoming symposium of central bankers this week for cues on further rate cuts.
At Jackson Hole, Jerome Powell could lay out more overarching changes to the central bank’s dual mandate that will last long after his tenure is up next May and mark part of his legacy.
A speech from the Fed chair at Jackson Hole has become a rite of summer for investors. Nicholas Colas, co-founder of DataTrek Research, broke down how the S&P 500 has performed in the five days on eit
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Powell has used Jackson Hole to battle inflation and buoy jobs; he's now caught between both
Incoming information has confounded Fed Chair Jerome Powell's data-dependent strategy by pulling in both directions.