A speech from the Fed chair at Jackson Hole has become a rite of summer for investors. Nicholas Colas, co-founder of DataTrek Research, broke down how the S&P 500 has performed in the five days on eit

At Jackson Hole, Jerome Powell could lay out more overarching changes to the central bank’s dual mandate that will last long after his tenure is up next May and mark part of his legacy.

BTC is down 2.5% and trading around $113,500 as the crypto market bleeds ahead of Powell's Jackson Hole speech on Friday.

The takeaway is that markets aren’t pricing in any sort of “succession premium” tied to any one chairman. The glidepath of monetary policy — regardless of Powell’s successor — appears structural, anchored to the Fed’s backward-looking framework . If that holds, it would mark a break from recent history.

By Rae Wee SINGAPORE (Reuters) -Shares in Asia fell on Wednesday, weighed down by a tech-led selloff on Wall Street, while the dollar gained some ground ahead of a key meeting of central bankers later in the week.

Jay Powell’s speech at the Federal Reserve’s August summit in Jackson Hole, Wyoming, is always a high-stakes moment. This year, the central bank’s chair takes the podium under fire — facing fierce attacks from Donald Trump and a growing insurgency within his own institution.

The Nasdaq fell as megacaps lost, after having rallied for much of the year. Nvidia fell 3.5%, the biggest drop in nearly four months.

The crypto market decline deepened as Bitcoin, Ether, and XRP dropped ahead of Fed Chair Powell's Jackson Hole speech and policy cues.