Fed's Powell at Jackson Hole
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While Jerome Powell delivers his annual address, President Trump issues a fresh threat against a Fed governor, Lisa Cook.
The FTSE 100 and European stocks were higher on Friday as markets turn their attention to the much-anticipated speech by US Federal Reserve chair Jerome Powell. He is set to speak
Wall Street's main indexes climbed more than 1 per cent on Friday (Aug 22) after US Federal Reserve Chair Jerome Powell pointed to a possible interest-rate cut at the central bank's next policy meeting during his Jackson Hole Symposium speech.
Wall Street is holding relatively steady ahead of a highly anticipated speech about where U.S. interest rates may be heading.