Jackson Hole Conference
Dear traders,
From Thursday to Saturday in the American Jackson Hole, Wyoming an annual conference of economists and representatives of the central banks of the world will be held. The organizer of this conference is the Federal Reserve Bank of Kansas City. The speech of Jerome Powell will be in the focus.
Fed Chairman Jerome Powell should deliver a speech titled “Monetary Policy in a Changing Economy” at 17:00 Friday.
His statements will be analyzed carefully. Market players want to get new information on the monetary policy of the leading central bank of the world.
In the past, Fed chiefs used speeches in Jackson Hole to announce changes in US monetary policy. (Investing.com)
Speeches of key people often affect the volatility of the market.
Be careful! Use all the opportunities for earnings!
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