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Benzinga
Benzinga
Business
Wayne Duggan

Jackson Hole Symposium Preview: Why Powell's Friday Speech Is Critical For Investors

Jerome Powell US Federal Reserve Jackson Hole symposium Jackson Hole Inflation NYSE United States ETF

The SPDR S&P 500 ETF Trust (NYSE:SPY) traded lower by 1.6% on Monday as investors brace for what could be a hawkish speech by U.S Federal Reserve Chair Jerome Powell at the Jackson Hole Symposium on Friday. Here's what investors need to know.

What Is The Jackson Hole Symposium? The Jackson Hole Symposium is an annual economic summit in Jackson Hole, Wyoming. The event is hosted by the Federal Reserve Bank of Kansas City and includes central bankers, academics and economists from all around the world. The Federal Reserve always gives a speech at the event, and Powell's 2022 speech is expected to be all about inflation.

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