Fed Chair Powell has used Jackson Hole to signal what's next
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Powell’s Jackson Hole speech looms as markets temper Fed rate-cut bets, with hot PPI data, labor market weakness, and tariff risks clouding outlook.
The annual economics symposium that begins Thursday brings together top monetary policy officials from around the world, and always makes headlines in the financial press. This year, there are at least three reasons the conference is worth paying attention to.
Investors are bracing for volatility as Federal Reserve Chair Jerome Powell walks a fine line between curbing inflation and supporting the labor market, with thin August trading poised to magnify any market moves from his Jackson Hole speech on Friday.
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.