[ad_1] Indian markets rose around a percent in intra-day deals today, extending gains for the 8th straight session after US Fed Jerome Powell’s indication of a rate cut next month was cheered by investors. At the Jackson Hole Symposium, Wyoming, Powell hinted, “The direction of travel is clear, and the timing and pace of rate…
[ad_1] Federal Reserve chair Jerome Powell on Friday removed all doubt that interest rate cuts are just around the corner. “The time has come for policy to adjust,” he said at his much-hyped annual speech in Jackson Hole, Wyoming, setting off a knee-jerk rally in stocks and bonds. Inflation risks have receded while labour market…
[ad_1] JACKSON HOLE, Wyoming, – Brazil’s central bank chief Roberto Campos Neto said on Saturday that recent volatility may be showing the market is pricing in less room for fiscal and monetary intervention in the future. Campos Neto, speaking at the Kansas City Federal Reserve’s annual economic conference in Jackson Hole, Wyoming, said it will…
[ad_1] Welcome to Jackson Hole week. It’s a week in which Wyoming becomes the centre of the policy world as it hosts a large group of central bankers, academics and media. The gathering, organized by the Federal Reserve Bank of Kansas City, discusses recent developments, policy issues, and the implications for central banks. The session…
