Live updates from Jackson Hole: Wall Street awaits key speech from Fed Chair Powell

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Live updates from Jackson Hole: Wall Street awaits key speech from Fed Chair Powell
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Last year, Fed Chair Jerome Powell delivered fiery comments at this annual economic summit. The market plunged, with the Dow falling more than 1,000 points. Investors will be watching this year's speech especially closely.

When Federal Reserve Chair Jerome Powell spoke this time last year at the

But the market is unlikely to react quite as dramatically this time around, they say, partly because Powell’s speech will likely be similar to the kind of commentary he has delivered following recent policy meetings.

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