Fed's Powell at Jackson Hole
Digest more
7hon 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
21hon MSN
Wall Street finished in the red as Walmart weighed on markets and eyes turn to Jackson Hole
Wall Street closed lower on Thursday, pressured by declining shares of Walmart (WMT) all while investors look ahead to Federal Reserve Chair Jerome Powell’s upcoming speech at Jackson Hole on Friday.
Traders are hoping that Fed chair Jerome Powell will indicate an imminent cut to interest rates during his remarks - but this is far from guaranteed.
Walmart earnings are in early focus before the highly anticipated start of the Federal Reserve's gathering at Jackson Hole.
At the end of the week, investors look forward to Powell's speech at the annual Jackson Hole Economic Symposium.