Fed's Powell at Jackson Hole
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(Reuters) -Future tied to Wall Street's main stock indexes inched higher on Friday in the run-up to Federal Reserve Chair Jerome Powell's speech at the Jackson Hole Economic Symposium, which would shed more light on the interest-rate path.
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.
Liquidity constraints pose a significant challenge for BTC bulls looking to engineer a steep uptrend well into the year-end.
Futures tracking Canada's main stock index were flat on Wednesday, as investors await the U.S. Federal Reserve's annual symposium later this week for clues on the monetary policy path.
The takeaway is that markets aren’t pricing in any sort of “succession premium” tied to any one chairman. The glidepath of monetary policy — regardless of Powell’s successor — appears structural, anchored to the Fed’s backward-looking framework . If that holds, it would mark a break from recent history.
Previously unloved stocks are making a big comeback before Jackson Hole, the Federal Reserve’s annual summer economic summit
U.S. and European shares started the week on a cautious footing ahead of a potentially eventful week for U.S. interest rate policy, as attention turned to Washington where Ukraine's Volodymyr Zelenskiy and European leaders will meet Donald Trump.