What Wall Street hopes to hear from the Federal Reserve at Jackson Hole
CNN
Inflation talk is expected to dominate the Federal Reserve's annual summer gathering in Jackson Hole, Wyoming, later this week.
Wall Street will be closely watching the Jackson Hole Economic Symposium — which will return to an in-person format after two years of being held virtually — searching for clues about where the Fed might head next in its attempts to tame rising prices.
"It's interesting how this August speech of the Fed chair at Jackson Hole has become such an important platform for the Fed to influence market expectations about policy. It becomes a self-fulfilling prophecy," said David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution.
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