Key Takeaways From Fed’s Annual Jackson Hole Conference
Digest more
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.
JACKSON HOLE, Wyoming (Reuters) -An influx of foreign workers has given the euro zone's economy a boost in recent years, helping offset shorter working hours and lower real wages, European Central Bank President Christine Lagarde said on Saturday.
Central bankers from around the world are gathering in Jackson Hole, Wyoming, this week. Not for sightseeing or fly fishing, but for the Federal Reserve’s annual Economic Policy Symposium. Fed chair Jay Powell is set to speak Friday and analysts will be paying extra attention to his comments on the labor market — especially after that weak July jobs report we saw a few weeks ago.
1don 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.
A jump in the share of foreign-born workers after the pandemic helped Europe bring inflation down without sharply slower growth,
Financial markets are looking for any indication that a rate cut is coming during the annual summit in Wyoming, which sees Federal Reserve Governors, policymakers and economists gather. President Trump has made no secret of his desire for Fed Chair Jerome Powell to cut interest rates.
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
I'm David Westin, and this week Chevron CEO Mike Wirth told us what "balance" means for fossil fuels, and we went to Jackson Hole, Wyoming, where Fed officials gathered this week. If you're not yet a subscriber,