Fed Chair Powell has used Jackson Hole to signal what's next
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Axios on MSNThe Fed's Jackson Hole conference: What you need to know
Almost every financial headline you read the next two days will mention Jackson Hole, the stunning Wyoming region that becomes the capital of the macroeconomic world every August. But this year's gathering of central bankers and economists could be more important than it's been in a very, very long time.
Crypto and related stocks are sliding as traders brace for the July FOMC meeting minutes and Jerome Powell’s Jackson Hole speech, fearing a hawkish Fed stance.
Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage fraud.
A potential candidate to succeed Federal Reserve Chair Jerome Powell, David Zervos, said that it’s inaccurate to describe the US central bank as independent, and characterized the outgoing Fed chief as aligned with the political left.
Powell is slated to give his annual address in Jackson Hole, Wyoming, on Friday. Swaps are pricing in a high probability the Fed will cut borrowing costs by a quarter point next month. In the face of mounting pressure from President Donald Trump for hefty reductions,
The U.S. dollar drifted on Thursday as investors fretted about the Federal Reserve's independence after yet another attack from President Donald Trump ahead of remarks from Chair Jerome Powell later this week that could influence the outlook for rates.
Board members can be removed only “for cause,” which has generally been interpreted to mean that the president can’t fire them over policy differences.