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Fed’s Jackson Hole Conference Is Underway: Here’s What to Expect

From bnnbloomberg.ca

The Federal Reserve Bank of Kansas City’s annual gathering in Jackson Hole, Wyoming gets underway with a dinner on Thursday evening. Here’s what to expect from the two-day conference featuring central bankers from around the world: Federal Reserve Chair Jerome Powell leads the speaker line-up with a keynote speech on Friday at 10:05 a.m. New York time. Investors will parse his highly anticipated speech for clues on the outlook for interest rates, which the Fed in July lifted to a range of 5.25% to 5.5%, the highest level in 22 years. Pricing in futures markets reflect an expectation that policymakers will hold rates ... (full story)

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  • Category: Fundamental Analysis