Jackson Hole, Jerome Powell and Wall Street
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The stock market is heading into a catalyst-filled week as Fed Chair Jerome Powell gets ready to speak at Jackson Hole and big retailers report earnings.
SignalPlus head of Insights Augustine Fan noted that markets have already ruled out any chance of an outsized 50-basis-point cut.
Gold hovered around $3,380 early Tuesday, with investors holding off on major moves as they await the US Federal Reserve (Fed) Minutes and the Jackson Hole Economic Symposium later this week. Remarks from Fed Chair Jerome Powell at the Jackson Hole symposium,
The investing world will turn its attention to northwestern Wyoming in the week ahead, with Federal Reserve Chair Jerome Powell set to give his most important policy speech of the year on Friday at the annual Jackson Hole Economic Symposium.