Powell to give his last Jackson Hole speech
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Powell’s Jackson Hole speech looms as markets temper Fed rate-cut bets, with hot PPI data, labor market weakness, and tariff risks clouding outlook.
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.
Federal Reserve Chair Jerome Powell is set to speak from Jackson Hole at 10 a.m. Investors will read into the speech for clues about interest-rate cuts and inflation. Follow along for live updates on the Dow,