Jerome Powell's Jackson Hole Speech
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The stock market is heading into a catalyst-filled week as Fed Chair Jerome Powell gets ready to speak at Jackson Hole and big retailers report earnings.
Wall Street cheered remarks from Federal Reserve Chair Jerome Powell in Jackson Hole opening the door to a rate cut in September.
Fed Chair Jerome Powell’s dovish Jackson Hole remarks boosted Wall Street optimism, with Tom Lee forecasting an S&P 500 rally, tech and crypto gains, and Ethereum’s central role in future financial innovation.
By Elizabeth Howcroft PARIS (Reuters) -European stock markets fell slightly in early trading on Thursday, hovering just below recent highs, as traders avoided making big moves and waited for the Federal Reserve's three-day annual Jackson Hole symposium.
Liquidity constraints pose a significant challenge for BTC bulls looking to engineer a steep uptrend well into the year-end.