Powell delivers key speech in Jackson Hole
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Powell Hints at a Rate Cut
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Federal Reserve Chair Jerome Powell is set to deliver his final speech at Jackson Hole amidst pressure from the Trump administration for interest rate cuts. With his term ending and Trump vowing to replace him,
Los banqueros centrales reunidos esta semana en Jackson Hole, Wyoming, para la conferencia anual de la Reserva Federal están dispuestos a ir más allá de intercambiar documentos de investigación y disfrutar de las vistas de las montañas: han venido a defender a Jerome Powell.
The dollar was higher, lifted by bets Fed Chair Powell will remain cautious on rate cuts in Jackson Hole speech.