Fed Chair Powell speaks at Jackson Hole, Cava surges: Yahoo Finance

It’s the event Wall Street was waiting all week for. Federal Reserve Chairman Jerome Powell is speaking at the Federal Reserve Bank of Kansas City’s Jackson Hole Economic Policy Symposium. Investors are looking for hints as to how big a rate cut at the Fed’s September meeting could be and how much more emphasis the central bank is putting on propping up the labor market versus battling inflation. Yahoo Finance will bring you live coverage from Jackson Hole, WY, all day long.

Côte d'Ivoire has reported cases of mpox Clade 2 for the first time since the start of the multi-country outbreak in 2022, while Thailand has confirmed Asia’s first known case of a new, deadlier strain of mpox in a patient who had travelled to the country from Africa. The World Health Organization said on Thursday that cases of mpox Clade 2 have been reported in Côte d'Ivoire.

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Jackson Hole history points to Powell sidestepping market shocksIf Treasury and U.S. stock markets are betting on one thing from Jerome Powell at the Jackson Hole symposium Friday, it’s this: He’ll play it safe.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Stock market today: Nasdaq leads US futures higher ahead of Powell's Jackson Hole speechInvestors are bracing for a pivotal speech by Fed Chair Jerome Powell that is likely to shape expectations on policy, the economy, and the future path of...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Jackson Hole History Points to Powell Sidestepping Market Shocks(Bloomberg) -- If Treasury and US stock markets are betting on one thing from Jerome Powell at the Jackson Hole symposium Friday, it’s this: He’ll play it...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »