Janet Yellen’s Jackson Hole Speech, Annotated
The speech the world has been waiting for is finally here.
At 10 a.m. Eastern Time in Jackson Hole, Wyoming, Fed Chair Janet Yellen is delivering a speech titled "The Federal Reserve's Monetary Policy Toolkit."
Yellen's speech is expected to offer some insight into how the Fed could raise interest rates in this cycle, the options the central bank has at when it ends, and whether those will be sufficient to help the economy through its next downturn.
Investors will also be watching closely for any clues to when the Fed's next rate increase could occur.
Follow along as we annotate the speech: