Fed Chair Powell's speech at Jackson Hole Symposium: Check time and where to watch
Fed Chair's speech at Jackson Hole Symposium, where investors will look for cues on rate cut trajectory in the near future.
US Fed chair Powell will speak at the event later on Friday, addressing central bankers across the world at 10 am Eastern Daylight Time (EST). In India, this comes to about 7:30 pm Indian Standard Time (IST).
According to the information available on the official website, Powell's remarks will be streamed on the Kansas City Fed's YouTube channel, External Link [youtube.com/kansascityfed].
Hosted by the Federal Reserve Bank of Kansas City, this event provides a platform for discussing critical economic issues. During the event, the world’s most influential policy makers and thinkers can exchange ideas away from the usual hustle of Washington or Wall Street.
The addresses by Fed Chairpersons have grown in reputation over the years as they often provide crucial insights into the central bank's economic outlook and policy direction.
Investors, analysts, and economists eagerly anticipate the speech of the Fed Chair as it can signal shifts in monetary policy, such as changes in interest rates or the Fed’s stance on inflation.
This year, the Jackson Hole Economic Policy Symposium is considered even more significant as the majority of the Fed members have indicated a policy rate cut in September.
Experts around the world are expecting announcements on the policy rate front from the Fed Reserve Chief during the event. In the latest meeting held in July, the Fed decided to maintain the target
