Fed’s Jackson Hole Conference Is Underway
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I'm David Westin, and this week Chevron CEO Mike Wirth told us what "balance" means for fossil fuels, and we went to Jackson Hole, Wyoming, where Fed officials gathered this week. If you're not yet a subscriber,
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World shares are mixed as traders await cues on U.S. monetary policy from Jackson Hole meeting
World shares are mixed after Wall Street fell to a fifth straight loss, and as traders look for cues about U.S. monetary policy from a meeting of central bankers in Jackson Hole, Wyoming
JACKSON HOLE, Wyoming (Reuters) -An influx of foreign workers has given the euro zone's economy a boost in recent years, helping offset shorter working hours and lower real wages, European Central Bank President Christine Lagarde said on Saturday.
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Stocks surged Friday and the Dow closed at its first record high of the year after Federal Reserve Chair Jerome Powell signaled interest rate cuts could be on the way.
The dollar rose as investors weighed stronger-than-expected U.S. economic data ahead of Powell’s eagerly awaited speech at the Jackson Hole symposium.