financetom
Economy
financetom
/
Economy
/
Kansas City Fed sets Jackson Hole conference dates Aug 22-24
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Kansas City Fed sets Jackson Hole conference dates Aug 22-24
May 15, 2024 2:47 PM

(Reuters) - The Federal Reserve Bank of Kansas City on Wednesday said its annual central banking conference in Jackson Hole, Wyoming, will take place from Aug. 22-24.

The event, one of the premier global central bank gatherings of the year, which typically features a keynote speech from Federal Reserve Chair Jerome Powell, will focus on the topic "Reassessing the Effectiveness and Transmission of Monetary Policy," the bank said.

(Editing by Leslie Adler)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Fed cuts reverse repo rate by wider margin than funds rate target
Fed cuts reverse repo rate by wider margin than funds rate target
Dec 18, 2024
(Reuters) - The Federal Reserve adjusted a key part of its rate control toolkit on Wednesday, lowering the rate it offers on its reverse repo facility by more than it cut the federal funds rate. The Fed said that the reverse repo rate will now stand at 4.25% from its prior level of 4.55%, marking a 30 basis point easing,...
Mortgage Applications Dip As Rates Climb: 'It Is Still Cheaper To Rent Than Purchase For 82 Out Of 97 Major Cities'
Mortgage Applications Dip As Rates Climb: 'It Is Still Cheaper To Rent Than Purchase For 82 Out Of 97 Major Cities'
Dec 18, 2024
The U.S. mortgage market hit a speed bump last week as rising interest rates pushed application activity lower, breaking a five-week streak of growth. According to the Mortgage Bankers Association (MBA), total mortgage applications decreased 0.7% for the week ending Dec. 13, 2024, signaling persistent challenges for buyers and homeowners navigating high-rate environments. The average interest rate for 30-year fixed-rate...
Fed Slashes Interest Rates By 0.25% As Predicted: December Dot Plot Flags Only 2 Potential Cuts In 2025
Fed Slashes Interest Rates By 0.25% As Predicted: December Dot Plot Flags Only 2 Potential Cuts In 2025
Dec 18, 2024
The Federal Reserve closed out the year with a widely anticipated 25 basis-point interest rate cut Wednesday, lowering the federal funds rate to a range of 4.25%-4.5%. This marks the lowest level since January 2023 and is the third consecutive reduction in borrowing costs, following a 50-basis-point cut in September and a 25 basis-point move in November. The decision to...
Fed policymakers project two quarter-point rate cuts next year
Fed policymakers project two quarter-point rate cuts next year
Dec 18, 2024
WASHINGTON (Reuters) - U.S. central bankers on Wednesday issued fresh projections calling for two quarter-point interest-rate cuts next year amid rising inflation, a forecast consistent with a wait-and-see approach come January as Donald Trump starts his second four-year stint in the White House. The Federal Reserve's latest quarterly summary of economic projections shows policymakers expect inflation by the Fed's targeted...
Copyright 2023-2025 - www.financetom.com All Rights Reserved