Fed Chair Powell to give economic outlook at Jackson Hole Aug 25

Canada News News

Fed Chair Powell to give economic outlook at Jackson Hole Aug 25
Canada Latest News,Canada Headlines
  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

(Reuters) - Federal Reserve Chair Jerome Powell will deliver a talk on the economic outlook on Aug. 25 at the central bankers' confab held each year in ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - Federal Reserve Chair Jerome Powell will deliver a talk on the economic outlook on Aug. 25 at the central bankers' confab held each year in Jackson Hole, Wyoming by the Kansas City Fed, the U.S. central bank said on Thursday.

The speech, set for 10:05 am ET, will provide a chance to give his latest views on whether more policy tightening will be needed to bring down inflation amid surprisingly strong economic growth, or if enough progress on disinflation has been made to hold rates steady.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SaltWire Network /  🏆 45. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What’s happening this long weekend in Prince George?What’s happening this long weekend in Prince George?A list of fun things to do between Aug 4 and Aug. 6.
Read more »

Fed meeting minutes could hint at end of rate hikesFed meeting minutes could hint at end of rate hikesThe minutes of the Federal Reserve's policy meeting last month may indicate on Wednesday how many policymakers feel the U.S. central bank is done raising interest rates and whether possible risks to the economy from the aggressive monetary tightening have taken on more weight in their debate. The Fed raised its benchmark overnight interest rate to the 5.25%-5.50% range at the July 25-26 meeting, a step Fed Chair Jerome Powell said at his post-meeting press conference may not be the last in an aggressive round of rate increases that began in March 2022 to offset the fastest breakout of inflation since the 1980s.
Read more »

Renfro Replaces Umalatov, Meets Magomedkerimov in PFL Playoffs on Aug. 23Renfro Replaces Umalatov, Meets Magomedkerimov in PFL Playoffs on Aug. 23The Professional Fighters League has lost an intriguing welterweight semifinal matchup.
Read more »



Render Time: 2025-04-03 09:45:26