Reported 1 day ago
This week, financial markets will focus on Federal Reserve Chair Jerome Powell's pivotal speech at the Jackson Hole Economic Symposium, where he is expected to provide insights on potential interest rate cuts. With a high expectation of a 0.25% rate decrease in the upcoming month, this event could significantly influence market trends. Corporate earnings reports from major retailers such as Walmart, Target, and Home Depot will also be under scrutiny, revealing consumer spending patterns amidst a slowing economic landscape. Overall, this week will feature important economic data releases alongside significant corporate results.
Source: YAHOO