Fed Chair Powell to Address Economic Outlook at Jackson Hole Symposium
Keynote speech expected to signal upcoming rate cuts amid dual risks of inflation and employment.
- Financial markets are keenly watching for confirmation of a September rate cut by the Federal Reserve.
- Attention will focus on whether Powell hints at a possible 50 basis-point rate reduction.
- The symposium will feature other key speakers, including Bank of England Governor Andrew Bailey and ECB Chief Economist Philip Lane.
- Fresh US housing demand data and weekly jobless claims will also be released during the week.
- Global economic indicators from Canada, Japan, and the euro area will provide additional context.