US Federal Reserve Chairman Jerome Powell during the Jackson Hole economic symposium in Moran, Wyoming on Friday, August 24, 2018. Photo: Bloomberg

Investors are hoping that Powell’s speech at this weekend’s Jackson Hole retreat can clarify where interest rates are headed. Will it?

  • Minutes of the Fed’s July meeting released Wednesday showed that although officials voted 8-2 to cut their benchmark rate by a quarter point, there was a wider divergence of opinion on the committee than the two dissenting votes against the rate cut had indicated
Topic |   Global interest rates

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US Federal Reserve Chairman Jerome Powell during the Jackson Hole economic symposium in Moran, Wyoming on Friday, August 24, 2018. Photo: Bloomberg
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