It seems as if the FED head used the Jackson Hole platform for “justification”, speaking in defense of his own post-crisis reforms, free trade, globalization. Take a look at all the main points that were presented at the meeting.
Pressure on the British currency will be balanced by the peaceful comments of the central bank heads in of the United States and Europe. The two major forces will discuss the key issues about the development of monetary policy on Friday.
What surprises did the Central Bank executives have for the investors?
To investors great regret, Mario Draghi refrained from discussing monetary policy in the speech at Jackson Hole, however, from the Federal Reserve head Janet Yellen, we could expect more constructive comments.