Federal Reserve Chairman Warsh will speak on inflation and interest rates at the Jackson Hole annual meeting in Wyoming today. This meeting is usually a key point for central bank governors to set policy tone for the next few months, but Warsh tends to reduce communication, and this change in style may cause sharp market fluctuations. Looking back over the past ten years, the S&P 500 index rose 7 times and fell 3 times during the Jackson Hole meeting. Among them, the two falls in 2019 and 2022 reached 2.6% and 3.4%, respectively, while the past three years have recorded positive gains.
Zhitongcaijing · 3d ago
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Federal Reserve Chairman Warsh will speak on inflation and interest rates at the Jackson Hole annual meeting in Wyoming today. This meeting is usually a key point for central bank governors to set policy tone for the next few months, but Warsh tends to reduce communication, and this change in style may cause sharp market fluctuations. Looking back over the past ten years, the S&P 500 index rose 7 times and fell 3 times during the Jackson Hole meeting. Among them, the two falls in 2019 and 2022 reached 2.6% and 3.4%, respectively, while the past three years have recorded positive gains.
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