Fed’s Jackson Hole Conference Is Underway
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Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.
Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole, WY.
After several decades in which economic technocrats enjoyed a large degree of autonomy, they are now under intense pressure from the Trump administration.
2don MSN
Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House
Both Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell’s high-profile speech Friday at the Fed’s annual economic symposium in Jackson Hole, Wyoming.
Federal Reserve Chair Jerome Powell is set to deliver his final speech at Jackson Hole amidst pressure from the Trump administration for interest rate cuts. With his term ending and Trump vowing to replace him,
Gold was little changed on Thursday as investors awaited cues on the Federal Reserve's policy outlook ahead of the annual economic symposium at Jackson Hole, Wyoming, which starts later in the day. Spot gold was down 0.
1don MSN
World shares are mixed as traders await cues on U.S. monetary policy from Jackson Hole meeting
World shares are mixed after Wall Street fell to a fifth straight loss, and as traders look for cues about U.S. monetary policy from a meeting of central bankers in Jackson Hole, Wyoming