Economics
Big Questions on Global Economy Hang Over Jackson Hole Gathering
- Fed watchers on lookout for signals on rates, balance sheet
- Emerging markets will grab attention, but unlikely to sway Fed
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Summer break for central bankers ends this week when their leaders gather Friday and Saturday for the Federal Reserve’s annual policy symposium in Jackson Hole, Wyoming.
With Fed Chairman Jerome Powell set to deliver a Friday morning speech, investors will be looking for clarity on several issues, from the likely path of interest rates and balance sheet policy to Powell’s take on emerging-market turmoil.