Jackson Hole, Jerome Powell
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U.S. stock market futures were mixed Friday ahead of a pivotal speech from Fed Chair Jerome Powell in which the central bank chief will set out his views on where to take interest rates. Dow Jones Industrial Average futures rose 60 points,
In a typical year, Jackson Hole sparks excitement mostly among market watchers. This time, the symposium feels more pivotal.
The Federal Reserve’s annual conference, hosted by the Kansas City Fed in Jackson Hole, Wyoming, began Thursday evening with a dinner for the central bankers, economists and journalists who have flown in from around the world.
Markets were varied during cautious trading sessions on Thursday, one day before a key speech expected to offer signals about future interest rate cuts in the United States.