Jackson Hole

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Mr Powell was speaking at the high-profile Jackson Hole gathering of US central bankers.  Photograph: Reuters

Jay Powell, Federal Reserve chairman, said that fitting trade uncertainty into the central bank’s policy framework was “a new challenge”, emphasising (...)

The inversion of the yield curve  has occurred before every US recession of the past 50 years. Photograph: Reuters

Shorter-dated US bond yields once again eclipsed those for longer-dated notes on Thursday, signalling fears among bond market investors that the Feder(...)

Smartening up at the Jackson Hole Mountain Resort in Wyoming this week Photograph: EPA

The first time Janet Yellen went to Jackson Hole as Federal Reserve chair in 2014 she faced activists protesting against the prospect of interest rate(...)

The Fed has said it will raise rates only when it sees a sustained recovery in the economy. Photograph: Getty Images

US stocks rose sharply on Thursday, a day after posting their biggest one-day gain in four years, as data showed the US economy grew faster in the sec(...)

Stocks surged late in trading, appearing to respond to the view of William Dudley, president of the Federal Reserve Bank of New York, that next month may be not be the right time to start increasing rates.

US stocks yesterday wiped out most losses suffered in a two-day rout, with shares posting their biggest gains since 2011 as investors shook off concer(...)