Wall St Week Ahead: Investors train sights on Fed gathering

Some investors still fret Powell may use the gathering to pour cold water on widespread expectations for interest rate cuts in the coming weeks. — Reuters

NEW YORK: Investors will next week train their sights on Jackson Hole, Wyoming, where Federal Reserve policymakers gather for their annual policy symposium, in a search for clues on the path of interest rate cuts that could boost stocks to more record highs.

This year's gathering follows a week in which consumer and wholesale price data appeared to send mixed signals about how well the economy is weathering US President Donald Trump's sweeping import tariffs. Its climax will be on Friday, when Fed chair Jerome Powell is scheduled to speak following what will have been a data-light week.