What do you expect from Jackson Hole meeting?

 

  For this week, all the market and investors attention turn to the Federal Reserve chair Janet Yellen speech in front of the top central bankers at the annual Jackson Hole symposium on Friday. All the investors are looking for new signals on whether the Fed may start rising its interest rates.

In fact, the Fed has already started tapering the US quantitative easing (QE) program, and all the investors are looking for new signals on whether the Fed may start rising its interest rates.

Today, the Federal Reserve releases minutes of the July 29-30 meeting to discuss the next monetary policy of the FOMC. And the Fed is expected to reduce monthly bond buying by $10 billion for the sixth consecutive time, in order to finish the purchase program in October 2014.

Moreover, Fed officials led by Chair Janet Yellen will also announce when to raise interest rates for the first time since 2006, especially after the recent figures showed that the unemployment rates falls faster than expected and inflation rates rose hitting the bank target of 2 %.

On Friday, the Federal Reserve Bank of Kansas City will host its annual symposium, this year titled “revaluating labor market dynamics.” The conference collects all of the Fed officials, in order to discuss the outlook for the economy and monetary policy. and Chair Janet Yellen give the first speech.

So, will Fed chair Yellen focus only on the labor market developments like what do former chair Bernanke two years ago, or she will mention new  monetary policy decisions ?

Notice: we recommend our dear traders to remain  cautious on Thursday and Friday ahead of the outcomes of the Jackson Hole  annual meeting of top central bankers led by the Federal reserve bank.