United States USD

United States Jackson Hole Symposium

Impact:
Low

Next Release:

Date:
Period:
What Does It Measure?
The Jackson Hole Symposium measures economic viewpoints and policy perspectives from leading central bankers, economists, and other financial leaders. It primarily focuses on monetary policy, economic theory, and the economic implications affecting production, employment, and inflation on a national and global scale.
Frequency
The event takes place annually, typically held over several days in late August, presenting a series of speeches and discussions that provide insights into future economic policies.
Why Do Traders Care?
Traders pay close attention to the Jackson Hole Symposium as it often sets the tone for global monetary policy and can influence financial markets significantly. Key insights and signals regarding interest rate changes or inflation outlooks can result in market volatility and impact assets like currencies, stocks, and bonds.
What Is It Derived From?
The Symposium incorporates insights from renowned central bankers, policymakers, and economists, often utilizing survey data and empirical research on macroeconomic performance and monetary policy effectiveness. Discussions and presentations derive from a blend of theoretical economics, real-world data, and historical analyses.
Description
The Jackson Hole Symposium serves as a platform for high-level discussions on global economic challenges and monetary policy approaches among leading economists and central banking authorities. The insights shared during the symposium can influence financial market expectations and policy decisions, making it a pivotal event in the annual economic calendar.
Additional Notes
As a leading measure, the Jackson Hole Symposium is often seen as a precursor to future economic policies, with the discussions providing essential context to other economic indicators. Its outcomes can significantly influence market sentiment and expectations across various economies and sectors globally.
Bullish or Bearish for Currency and Stocks
Any signals of a hawkish sentiment regarding monetary policy at the Symposium may lead to higher than expected interest rates: Bullish for the USD, Bearish for Stocks. Conversely, dovish signals suggesting economic support may result in lower interest rates: Bearish for the USD, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise