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...Perhaps the telegraphed fanfare ahead of Jackson Hole is why they have failed to give markets much medium-term direction in recent years....
...Global stocks rose on Thursday after China announced a boost to infrastructure spending and as investors awaited the start of the much-anticipated Jackson Hole economic symposium of central bankers....
...US stocks rose on Thursday as investors braced themselves for a deluge of headlines from the Jackson Hole central bankers’ summit....
...US stocks rose on Thursday as investors braced themselves for developments from the Jackson Hole central bankers’ summit....
...Most famously, he was hired to play Gollum in Peter Jackson’s The Lord of the Rings trilogy....
...The moves, which were particularly pronounced in UK and European markets, came on the eve of a multi-day economic symposium for policymakers in Jackson Hole, Wyoming....
...Those moves came after global stocks weakened in the previous two sessions, as investors responded to hawkish messaging at last week’s Jackson Hole economic symposium....
...At last week’s meeting in Jackson Hole, Powell said successfully reducing inflation would probably result in lower economic growth for “a sustained period”. Read more about markets here....
...Those moves came on the second day of the Jackson Hole economic symposium in Wyoming, with the US central bank’s Powell due to speak later in the session....
...US and European stocks fell for a third straight day on Tuesday, as hawkish rhetoric from last week’s economic conference in Jackson Hole fuelled expectations of higher interest rates....
...The broad S&P 500 index fell 0.8 per cent, and has now dropped almost 6 per cent since Fed chair Jay Powell’s hawkish speech at the Jackson Hole Economic Symposium last Friday....
...“We’ve got the interest rate decision from the Fed next week and they were so hawkish at [last month’s Jackson Hole economic symposium]. That’s going to keep people on the sidelines.”...
...Wall Street and European equities fell after Powell’s hawkish address at the annual Jackson Hole central banking summit....
...Speaking in Jackson Hole, Wyoming, Powell said the Fed “must keep at it until the job is done”, underscoring the US central bank’s determination to tame rapid price growth....
...Fed chair Jay Powell is expected to reaffirm his commitment to aggressively increasing interest rates at the central bank’s annual gathering in Jackson Hole, Wyoming this week....
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