Jerome Powell, Chairman of the US Federal Reserve, will deliver his remarks at the Jackson Hole Virtual Economic Policy Symposium at 1:10 p.m. GMT Thursday.
Powell is expected to discuss the Fed’s revised monetary policy framework at the “Navigating the Decade to Come: Implications for Monetary Policy” conference.
Follow our live coverage of the market’s reaction to Powell’s remarks.
Powell Speech Cheat Sheet: Details on the potential rise of the USD fall.
Powell’s back-to-back speech is set to shake the markets and the more detail he provides for the new policy – most likely allowing inflation to rise to a high level – the better for stocks and worse for the dollar, the analyst reports by FXStreet Yohay Elam.
Jackson Hole Symposium Preview: Powell to Shed Light on Fed Framework – Goldman Sachs.
Goldman Sachs analysts are offering a glimpse of what to expect from US Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole Symposium scheduled for Thursday at 1310 GMT.
About Jerome Powell (via Federalreserve.gov)
Jerome H. Powell took office as Chairman of the Federal Reserve Board of Governors on February 5, 2018 for a four-year term. Sir. Powell is also chairman of the Federal Open Market Committee, the system’s main decision-making body on monetary policy. Sir. Powell has been a member of the Board of Governors since taking office on May 25, 2012, for an unexpired term. He was reappointed to the board and was sworn in on June 16, 2014 for a term ending January 31, 2028.