Today there are no
trading signals due to the Jackson Hole Economic Policy Symposium.
Each year since 1978, the Federal Reserve Bank of Kansas
City has sponsored a symposium on an important economic issue facing the U.S.
and world economies. Symposium participants include prominent central bankers,
finance ministers, academics, and financial market participants from around the
world. The participants convene to discuss the economic issues, implications,
and policy options pertaining to the symposium topic. The symposium proceedings
include papers, commentary, and discussion.
Every August, investors around the world obsess over
what’s going on in a tiny Wyoming resort on the edge of the magnificent Teton
mountain range. They have good reason to do so.
Over the past two decades, central bankers have used the
Federal Reserve Bank of Kansas City’s annual symposium in Jackson Hole to plot
out and signal changes in monetary policy.
This year, the symposium has gained extra attention
because of the current economic situation in the US and abroad. With global
recession fears growing and bond yields tumbling, this week’s gathering is one
of the most anticipated in years.
Investors and beyond are watching for signaling from
Jerome Powell about what will happen at the Fed’s September meeting.
The US bond and stock markets largely expect that there
will be another rate cut, the second since the Great Recession. But how much
that cut will be, and if there will be more interest rate easing, is up for
Powell has drawn a lot of ire from President Trump for
failing, in Trump’s view, to cut rates as much and as swiftly as he wants. The
president has attacked Powell in a number of tweets and is likely to continue
his crusade against the Fed even after the Jackson Hole meeting.
Fed watchers expect Chairman Jerome Powell to suggest that the central bank is ready to reduce interest rates further.
All information on this website is of a general nature. The information is not adapted to conditions that are specific to your person or entity. The information provided can not be considered as personal, professional or legal advice or investment advice to the user.
Signal Factory is not represented as a registered investment consultant or brokerage dealer nor offers to buy or sell any of the financial instruments mentioned in the service offered.
While Signal Factory believes that the content provided is accurate, there are no explicit or implied warranties of accuracy. The information provided is believed to be reliable; Signal Factory does not guarantee the accuracy or completeness of the information provided. Third parties refer to Signal Factory to provide technology and information if a third party fails, and then there is a risk that the information may be delayed or not delivered at all.
All information and comments contained on this website, including but not limited to, opinions, analyzes, news, prices, research, and general, do not constitute investment advice or an invitation to buy or sell any type of instrument. Signal Factory assumes no responsibility for any loss or damage that may result, directly or indirectly, from the use or dependence on such information.
All information contained on this web site is a personal opinion or belief of the author. None of these data is a recommendation or financial advice in any sense, also within the meaning of any commercial act or law. Writers, publishers and affiliates of Signal Factory are not responsible for your trading in any way.
The information and opinions contained in the site are provided for information only and for educational reasons, should never be considered as direct or indirect advice to open a trading account and / or invest money in Forex trading with any Forex company . Signal Factory assumes no responsibility for any decisions taken by the user to create a merchant account with any of the brokers listed on this website. Anyone who decides to set up a merchant account or use the services, free of charge or paid, to any of the Forex companies mentioned on this website, bears full responsibility for their actions.
Any institution that offers a service and is listed on this website, including forex brokers, financial companies and other institutions, is present only for informational purposes. All ratings, ratings, banners, reviews, or other information found for any of the above-mentioned institutions are provided in a strictly objective manner and according to the best possible reflection of the materials on the official website of the company.
Forex trading is potentially high risk and may not be suitable for all investors. The high level of leverage can work both for and against merchants. Before each Forex investment, you should carefully consider your goals, past experience and risk level. The opinions and data contained on this site should not be considered as suggestions or advice for the sale or purchase of currency or other instruments. Past results do not show or guarantee future results.
Neither Signal Factory nor its affiliates ensure the accuracy of the content provided on this Site. You explicitly agree that viewing, visiting or using this website is at your own risk.