Jerome Powell's Jackson Hole speech in focus
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Jackson Hole, Walmart Earnings, Home-Sales Data
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The U.S. dollar hovered below a one-week high on Thursday and European stock markets opened flat as investors braced for three days of potentially market-moving news from the Federal Reserve's annual symposium in Jackson Hole.
Gold holds around $3,322 as the Fed’s Jackson Hole outlook and improved geopolitical dynamics temper demand for bullion. Investors await clarity ahead of the Federal Reserve’s Jackson Hole symposium,
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Powell has used Jackson Hole to battle inflation and buoy jobs; he's now caught between both
By Howard Schneider WASHINGTON (Reuters) -Fed Chair Jerome Powell used the central bank's annual Wyoming research conference to promise inflation-fighting rigor when it was needed in 2022, then last year he came to the defense of the job market with promises of lower interest rates when the unemployment rate seemed on a steady rise.