If inflation starts climbing again after a rate cut, “the Fed will have to reverse course — and in the worst case, start hiking again,” Slok said.

Brent Donnelly of Spectra Markets ran a sizeable survey of expectations for Fed Chair Jerome Powell's speech, and of the 473 responses, 51% expect a neutral-to-boring outcome and 43% see a hawkish tint.

World shares are mixed after Wall Street fell to a fifth straight loss, and as traders look for cues about U.S. monetary policy from a meeting of central bankers in Jackson Hole, Wyoming

US stocks gained on Friday ahead of Federal Reserve Chair Jerome Powell’s closely watched speech at the Jackson Hole policy symposium, with investors awaiting signals on the path of interest rates. The Dow Jones Industrial Average rose 297 points,

The U.S. dollar inched upward on Thursday, trading just below a one-week high as investors prepared for the Federal Reserve’s Jackson Hole symposium. By 04:40 ET (08:40 GMT), the Dollar Index, which tracks the greenback against six major currencies,