Jackson Hole, Fed and Powell
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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.
Wall Street’s major averages were slightly lower on Monday as investors shift their focus to a wave of retail earnings and Federal Reserve Chair Jerome Powell’s upcoming speech at the Jackson Hole symposium later this week.
4hon MSN
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.
Jerome Powell has the ideal platform Friday to deliver a clear signal the Federal Reserve is about to resume cutting interest rates. But the economy isn’t giving him an equally clear signal that now is the time.
Previously unloved stocks are making a big comeback before Jackson Hole, the Federal Reserve’s annual summer economic summit
Wall Street's main indexes were subdued on Monday, in a quiet start to a week packed with corporate earnings reports from major retailers and the Federal Reserve's annual symposium in Jackson Hole. Investors also remained wary ahead of a meeting between U.
U.S. stock-market futures rose slightly Sunday, after Friday’s summit between U.S. and Russian leaders ended without a major breakthrough and as investors await this week’s Fed gathering in Jackson Hole,