We could find out on Friday. Last year, investors interpreted Powell’s Jackson Hole remarks as a sign that the Fed was done hiking rates, despite Powell saying it could still happen. Markets ...
Powell discussed that concept during his 2020 Jackson Hole address. More on the U.S. Economy, Interest Rates Jackson Hole 2024: Curb Your Enthusiasm For Big Rate Cuts ...
Federal Reserve Chair Jerome Powell came out as a dove during his speech at Jackson Hole, and Wall Street ate it up. The Dow was up 423 points, or 1.1%, after Powell wrapped up. The S&P 500 was up ...