News

Fed Rate Cuts Take a Backseat to Powell’s Legacy at Jackson Hole

The takeaway is that markets aren’t pricing in any sort of “succession premium” tied to any one chairman. The glidepath of ...

Dollar in holding pattern before Jackson Hole, kiwi drops on dovish RBNZ

The U.S. dollar was little changed on Wednesday as traders awaited a speech from Federal Reserve Chair Jerome Powell at the ...

Nasdaq tumbles as Jackson Hole jitters hit tech stocks

The Nasdaq fell as megacaps lost, after having rallied for much of the year. Nvidia fell 3.5%, the biggest drop in nearly ...

Powell Has Reason to Hedge Jackson Hole Signal as Data Zigzags

Jerome Powell has the ideal platform Friday to deliver a clear signal the Federal Reserve is about to resume cutting interest ...

Powell has used Jackson Hole to battle inflation and buoy jobs; he's now caught between both

Incoming information has confounded Fed Chair Jerome Powell's data-dependent strategy by pulling in both directions.

Yardeni: The market risk with Jackson Hole is whether Powell will be a hawk, dove or owl

Yardeni Research president Ed Yardeni believes Fed chair Jerome Powell won't give away his hand when he speaks in Jackson ...

Gold price today: Rates decline on stronger dollar; US Fed minutes, Jerome Powell's Jackson Hole speech in focus

Gold rates fell in early trade on Wednesday, August 20, as a stronger dollar weighed on sentiment, while investors awaited ...