Markets searching for tapering signals in Jackson Hole
FXstreet.com (Córdoba) – The biggest personalities in the central banks world are absent from the Jackson Hole annual symposium in Wyoming, US.
Fed Chairman Ben Bernanke absents for the first time since his term began in 2006. Mario Draghi from the European Central Bank and Mark Carney Governor of the Bank of England, didn’t attend either, which supports the idea that this year the conference will culminate on Saturday with no big news.
However, market participants will still be paying attention to the symposium searching for any signals about when the Fed will begin to taper its $85 billion bond purchase …read more