The Federal Reserve’s Jackson Hole Economic Policy Symposium is set to kick off, with Chair Jerome Powell expected to unveil the Fed’s new policy framework to achieve inflation and employment goals. Powell may also provide hints on rate cuts amid tariff impact. Global central bankers will gather to discuss economic challenges.

The US will see housing market reports, with predictions of declining housing starts and low home sales. Canada will release inflation data, crucial for the upcoming September rate decision. Asia will focus on New Zealand’s possible rate cut and how US trade policies impact manufacturers. Europe awaits inflation data from the UK and updates on private-sector activities.

Latin America faces economic challenges, with Chile’s second-quarter output report, Brazil’s economic activity report, and Argentina’s GDP-proxy data. Mexico will publish June economic activity data, expected to show the impact of trade and tariff policies. Uncertainty over Trump’s policies may affect Latin America’s economy. Inflation readings across regions will be closely watched for economic trends.

Read more at Yahoo Finance: Central Bankers Flock to Jackson Hole at Pivotal Moment