Powell faces economic crossroads in Jackson Hole speech
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Jackson Hole, Fed and treasury yield
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Gold ticked up on Wednesday but hovered near three-week lows, as investors looked towards the minutes of the Federal Reserve's July meeting and the Jackson Hole symposium of central bankers this week for cues on further rate cuts.
Jay Powell’s speech at the Federal Reserve’s August summit in Jackson Hole, Wyoming, is always a high-stakes moment. This year, the central bank’s chair takes the podium under fire — facing fierce attacks from Donald Trump and a growing insurgency within his own institution.
The U.S. dollar was little changed on Wednesday as traders awaited a speech from Federal Reserve Chair Jerome Powell at the annual Jackson Hole central bankers' symposium later this week for clues on the path of monetary policy.
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'Halftime' Investment Committee games out the Fed's next move and positioning ahead of Jackson Hole
The Investment Committee debates the impact of Fed Chairman Jerome Powell’s upcoming Jackson Hole speech on the tech trade and how to position ahead of it.