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Dow notched a record close as Wall Street rallied on Powell’s Jackson Hole remarks

Wall Street ended higher on Friday with the Dow closing at a record high after investors welcomed Federal Reserve Chair Jerome Powell’s remarks at Jackson Hole.

Powell’s ‘unusual’ Jackson Hole remarks reveal he’s boxed in by Trump’s tariffs and deportations, risking a 1970s-style mistake, economist Slok says

If inflation starts climbing again after a rate cut, “the Fed will have to reverse course—and in the worst case, start hiking again,” Slok said.

A survey of pre-Jackson Hole views shows contradictions between what they expect and how they're positioned

Brent Donnelly of Spectra Markets ran a sizeable survey of expectations for Fed Chair Jerome Powell's speech, and of the 473 responses, 51% expect a neutral-to-boring outcome and 43% see a hawkish tint.

Gold Jumps After Powell Speech

Gold futures surged following Fed Chair Jerome Powell’s address in Jackson Hole, Wyo. opening the door for a rate cut next month and future cuts to come.
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Gold trades rangebound on Fed caution; Powell speech in focus

Gold futures slipped below $3370 an ounce on Friday, weighed down by a stronger US dollar and caution ahead of Fed Chair Powell's speech at Jackson Hole. The dollar index
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