Fed’s Jackson Hole Conference Is Underway
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World shares are mixed as traders await cues on U.S. monetary policy from Jackson Hole meeting
World shares are mixed after Wall Street fell to a fifth straight loss, and as traders look for cues about U.S. monetary policy from a meeting of central bankers in Jackson Hole, Wyoming
Federal Reserve Chairman Jerome Powell will deliver a speech next Friday at the Kansas City Fed's annual central banking conference in Jackson Hole, Wyoming. You might be interested in: U.S. orders deployment of military forces in the Caribbean to fight Latin American drug cartels labeled as terrorists,
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According to Bloomberg Economics, "Federal Reserve Chair Jerome Powell has the opportunity to settle the speculation with his speech at the annual Jackson Hole Symposium", but economists Anna Wong, Stuart Paul, Eliza Winger, Estelle Ou and Chris G. Collins think he won't be as frank this year.