Powell, Jackson Hole and Fed
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After several decades in which economic technocrats enjoyed a large degree of autonomy, they are now under intense pressure from the Trump administration.
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.
Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole, WY.
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
Federal Reserve Chair Jerome Powell is set to deliver his final speech at Jackson Hole amidst pressure from the Trump administration for interest rate cuts. With his term ending and Trump vowing to replace him,
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,
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.
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