Watch Live stream Jackson Hole Jerome Powell. The meeting is conducted by the US Federal Reserve and it hosts economists, central bankers and policymakers from across the world. The Federal Reserve’s three-day annual conference began at Jackson Hole on Thursday in Wyoming, with the focus on what Fed Chair Jerome Powell might say when he speaks. Investors will be looking for clues on how much higher US interest rates might need to go and for how long, if inflation does not significantly fall from its current 40-year highs. Investors have reduced expectations that the Fed could pivot to a slower pace of rate hikes, as US inflation remains at 8.5 per cent on an annual basis, well above the central bank’s 2% target. But Powell’s speech at the Fed’s annual conference will be scrutinised for any indication that an economic slowdown might alter its strategy, news agency Reuters reported.
History Of Jackson Hole Symposium
The meeting is conducted by the US Federal Reserve and it hosts economists, central bankers and policymakers from across the world. This meet will see the Federal Reserve Bank of Kansas City hosting dozens of central bankers, policymakers, academics and economists from around the world at its annual economic policy symposium in Jackson Hole, Wyoming.
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