The Jackson Hole Economic Policy Symposium 2024 is underway in Wyoming, attracting global financial leaders and central bankers to this highly anticipated event. Often referred to as the “Davos of central bankers,” this annual retreat serves as a critical platform for discussing economic policies that have far-reaching impacts on global markets.
This year’s focus is on the keynote address by US Federal Reserve Chairman Jerome Powell. His speech is expected to cover crucial topics such as inflation and the recent surge in the unemployment rate. Investors worldwide are closely monitoring Powell’s remarks, especially given the significant market reaction following his 2022 address, which led to a substantial sell-off.
Jackson Hole Economic Policy Symposium: Location Details
The symposium is named after its venue, Jackson Hole, a picturesque valley in the northwest of Wyoming, near the Idaho border. The valley is nestled between the Gros Ventre and Teton mountain ranges, providing a serene backdrop for the intense economic discussions taking place.
This event is a key moment for markets, and Powell’s speech is scheduled for Friday, August 25, 2024. Investors and analysts will be tuning in for insights into the Fed’s future policy directions.
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Source: Moneycontrol
News Desk
