Jackson Hole, Fed and Powell
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(Reuters) -European equities were little changed on Thursday as investors awaited updates from the Federal Reserve's Jackson Hole symposium for clues on the path of monetary policy. The pan-European STOXX 600 index was flat as of 0704 GMT, while most major bourses were mixed.
Federal Reserve officials sounded cautious in interviews and speeches as the central bank's Jackson Hole meeting kicks off this evening. At the same time, a former Fed official on the White House's list to replace Fed Chair Jerome Powell backed aggressive ...
Federal Reserve Chairman Jerome Powell's remarks at the Jackson Hole Symposium. The first one is the 180-day call-put skew derived from options trading on Deribit, the largest crypto options exchange by volume and open interest.
Powell has never responded directly to Trump's provocations, and I, personally, expect this issue to play a predominant role at his latest meeting in Jackson Hole, perhaps even more so than the interest rate discussion. The independence of central banks is much more important than a 25 basis point change in the coming month.
President Trump's tariffs continue to affect global markets and the economy. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
India's equity benchmarks are set to open little changed on Thursday, following a five-session rally driven by tax-cut hopes, as investors await the Federal Reserve's annual symposium for rate trajectory cues.
Options on U.S. financial stocks may be underestimating the chances of big market moves triggered by the Jackson Hole meeting, according to Goldman Sachs. The Wall Street bank reckons that option straddle strategies - a trade designed to capture a move in ...