TD reckon its not Jackson Hole that will be the focus, but the FOMC minutes due Wednesday before hand
In brief:
Fed Chair Jay Powell will speak on "Monetary Policy in a Changing Economy" at the Kansas City Fed's annual policy symposium at Jackson Hole.
- His opening remarks are scheduled for 10 AM ET on Friday, August 24.
- Powell may present an overview of how the Fed's operational framework for monetary policy has changed and could evolve looking forward.
- Still, we do not expect any substantive policy announcements from Powell at the event.
The theme of the conference is "Changing Market Structure and Implications for Monetary Policy," which hints that more market-relevant research could be discussed at Jackson Hole than in the past.
- In addition to Powell, we expect at least a few other central bank heads to speak; so far we know that BOC Governor Poloz will appear on a panel on Saturday, August 25.
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ForexLive will be tuned in for both the FOMC minutes and Jackson Hole
- Minutes Wednesday 22 August 2018 at 1800GMT
- Jackson Hole commences Thursday 23 August
