Jackson Hole, Federal Reserve 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.
According to Bloomberg Economics, "Federal Reserve Chair Jerome Powell has the opportunity to settle the speculation with his speech at the annual Jackson Hole Symposium", but economists Anna Wong, Stuart Paul, Eliza Winger, Estelle Ou and Chris G. Collins think he won't be as frank this year.
FILE PHOTO: Ukrainian President Volodymyr Zelenskiy meets some of the European leaders at the Ukrainian Embassy, ahead of their meeting with U.S. President Donald Trump, in Washington, D.C., U.S., August 18, 2025. Italian Prime Ministry /Handout via REUTERS/File Photo LONDON (Reuters) - What matters in U.S. and global markets today
Get insights on the 2023 Fed Symposium in Jackson Hole. Explore market expectations, Powell's agenda, and potential rate cuts' impact on the economy.
Subdued world markets eyed proposals for a Ukraine-Russia summit with caution, while updates on the shaky U.S. housing market on Tuesday and this week's Federal Reserve conference in Jackson Hole dominated thinking.