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Federal Reserve Chair Jerome Powell delivers a speech at the central bank’s annual economic symposium in Jackson Hole, Wyoming, on Friday at 10.a.m. ET.
Market participants have eagerly awaited Powell’s comments, searching for guidance on the extent to which policymakers will push against inflation and the criteria the central bank will refer to as it makes its decisions.
Powell’s comments come at a time when the Fed has taken drastic steps to tamp down rising prices. Though investors are looking for new guidance from the central bank leader, Powell is largely expected to…
Source cnbc.com