Federal Reserve Chair Jay Powell will speak at the Jackson Hole (virtual) symposium.at 9.10am NY time Thursday (1310GMT)
Earlier previews of the event:
- Fed Chair Powell to speak Thursday August 27
- Federal Reserve Jackson Hole summit is coming up - USD preview
- NAB speculate that if Powell confirms the Bank will be moving to some form of average inflation targeting regime, it would prove risk positive and dollar negative
- If Fed Chair Powell's speech is 'profoundly consequential', here's what the USD will do
Goldman Sachs say they expect Powell to reveal the key conclusions of the Bank's framework review
- and that will be the FOMC adopting average inflation targeting (AIT)
- AIT means the Bank aiming for 2-2.5% inflation when the economy is at or near full employment
