Jackson Hole, Jerome Powell
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The Trump administration has exploded a bomb under the Fed with the demand that one of its board of seven governors, Lisa Cook, resign over alleged false information she gave in applying for a housing mortgage.
Key Takeaways Federal Reserve officials and their global colleagues often deliver remarks at the Jackson Hole Symposium that have implications for interest rates.Federal Reserve Chair Jerome Powell’s speech on Friday will command attention,
Gold holds around $3,322 as the Fed’s Jackson Hole outlook and improved geopolitical dynamics temper demand for bullion. Investors await clarity ahead of the Federal Reserve’s Jackson Hole symposium,