Jackson Hole
Coverage of Jackson Hole in the Nexus archive.
- Asian shares mostly decline as bond market pressure mounts
Asian shares are mostly lower, and oil prices have also declined at the start of the week. This market activity was capped by a meeting involving top U.S. economic officials at Jackson Hole.
- Asian shares mostly decline as bond market pressure mounts
Asian shares mostly declined as oil prices slipped, with major indices like the Hang Seng and Kospi dropping significantly. Economic concerns center on US inflation remaining above 3% and rising bond yields creating worries about higher borrowing costs. Investors are focused on the U.S.'s personal consumption expenditures (PCE) report and key speeches scheduled for Jackson Hole.
- New Fed chair faces critical test at Jackson Hole as inflation fears mount
The new US Federal Reserve chair, Kevin Warsh, faces a critical test during the annual Jackson Hole conference. Anxiety exists in government bond markets due to inflation and Donald Trump’s tax and spending plans. Bond traders are looking to Warsh for signals regarding the central bank's commitment to fighting inflation.
- Crypto holds big weekly rally as Warsh’s Jackson Hole debut comes into focus
Crypto experienced a big weekly rally. The market attention is focused on Warsh's debut event at Jackson Hole.