Top FX event for the week ahead: Jackson Hole symposium
The annual meet up of the world’s most prominent central bankers and finance ministers who this year will be discussing the thorny topic of ‘challenges for monetary policy’.
This year’s Jackson Hole symposium, a three-day event sponsored by the Federal Reserve Bank of Kansas City, will see a host of central bankers and finance ministers giving their views on one of the most important challenges facing financial markets today – monetary policy.
How will central banks deal with low inflation and flatlining growth?
At a time when global growth is flatlining and inflation stubbornly low, market traders will want clarity on how, and when, central banks around the globe intend to tackle these problems. This event, one of the most important meetings of the year, will likely throw up market moving commentary - both official and unofficial - from some of the world’s most important financial participants and needs to be closely followed by active traders.
Back in the 2007 the symposium’s theme was ‘housing, housing finance and monetary policy’, seen at the time as a staid topic but one that proved timely as the US housing market collapsed just before the meeting started.
Learn more about forex trading and how it works
This year’s meeting comes at a time when central banks around the world are either cutting interest rates, discussing cutting rates, and/or are in the process of restarting bond buying programs (quantitative easing) in order to reboot their economies. Trillions of US dollars (equivalent) of bonds have been bought up over the last decade in order to provide liquidity and boost growth, but financial markets are currently flashing recession warning signs, highlighting that loose monetary policy hasn’t worked in the past.
Will we see history repeat itself with the world’s most important central bankers and finance ministers being forced to address crashing financial markets and crumbling economies to a global audience?
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
Start trading forex today
Find opportunity on the world’s most-traded – and most-volatile – financial market.
- Trade spreads from just 0.6 points on EUR/USD
- Analyse with clear, fast charts
- Speculate wherever you are with our intuitive mobile apps
See an FX opportunity?
Try a risk-free trade in your demo account, and see whether you’re onto something.
- Log in to your demo
- Take your position
- See whether your hunch pays off
See an FX opportunity?
Don’t miss your chance – upgrade to a live account to take advantage.
- Get spreads from just 0.6 points on popular pairs
- Analyse and deal seamlessly on fast, intuitive charts
- See and react to breaking news in-platform
See an FX opportunity?
Don’t miss your chance. Log in to take your position.
Live prices on most popular markets
- Equities
- Indices
- Forex
- Commodities
Prices above are subject to our website terms and agreements. Prices are indicative only. All share prices are delayed by at least 15 minutes.
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.