Global markets turn attention to the US Federal Reserve’s annual Jackson Hole symposium, ahead of a key speech by chair Jerome Powell
Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.
Asian stocks have cautiously edged higher as global markets turn attention to a much-anticipated speech by US Fed chair Jerome Powell at the central bank’s annual symposium in Jackson Hole, Wyoming.
Jackson Hole will mark a key opportunity for Fed Chair Powell to signal the policy outlook ahead of September.
Since tariffs were announced, the Fed has leaned toward the side of caution due to the potential impact on inflation.
3pm BST: Jerome Powell to give speech Jackson Hole Symposium in Kansas
Continue reading…Global markets turn attention to the US Federal Reserve’s annual Jackson Hole symposium, ahead of a key speech by chair Jerome PowellGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Asian stocks have cautiously edged higher as global markets turn attention to a much-anticipated speech by US Fed chair Jerome Powell at the central bank’s annual symposium in Jackson Hole, Wyoming.Jackson Hole will mark a key opportunity for Fed Chair Powell to signal the policy outlook ahead of September.Since tariffs were announced, the Fed has leaned toward the side of caution due to the potential impact on inflation.3pm BST: Jerome Powell to give speech Jackson Hole Symposium in Kansas Continue reading…
