Powell at Jackson Hole, Fed Minutes, Walmart Earnings
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Federal Reserve chair is under bombardment from Donald Trump and battling an insurgency within the central bank
The U.S. dollar was little changed on Wednesday as traders awaited a speech from Federal Reserve Chair Jerome Powell at the annual Jackson Hole central bankers' symposium later this week for clues on the path of monetary policy.
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.
Gold prices edged lower on Tuesday as the U.S. dollar firmed, while investors hunkered down for Federal Reserve Chair Jerome Powell's speech at Jackson Hole later this week.
Crypto markets dropped further as investors grow cautious ahead of Federal Reserve Chair Jerome Powell's Friday Jackson Hole speech. Bitcoin fell below $114,000, now down 9% below its Thursday record high, with a number of altcoins seeing even steeper declines.