Powell faces economic crossroads in Jackson Hole speech
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Federal Reserve chair is under bombardment from Donald Trump and battling an insurgency within the central bank
Markets are correcting ahead of Jerome Powell's Jackson Hole speech, which could define his legacy and set the long-term direction for US interest rates. A bold scenario could see Powell raising the Fed’s inflation target to 3%, justifying it with ...
The U.S. dollar was little changed on Wednesday as traders awaited a speech from Federal Reserve Chair Jerome Powell at the annual Jackson Hole symposium later this week for clues on the monetary policy path.
Investors are tracking talks aimed at ending the Russia-Ukraine war and awaiting Federal Reserve Chair Jerome Powell's speech at Jackson Hole at the end of the week.
Gold prices edged lower on Tuesday as the U.S. dollar firmed, while investors hunkered down for Federal Reserve Chair Jerome Powell's speech at Jackson Hole later this week.
Gold holds around $3,322 as the Fed’s Jackson Hole outlook and improved geopolitical dynamics temper demand for bullion. Investors await clarity ahead of the Federal Reserve’s Jackson Hole symposium,