Asia shares edge higher as markets await key Jackson Hole speech by US Fed’s Powell – business live

Global markets turn attention to the US Federal Reserve’s annual Jackson Hole symposium, ahead of a key speech by chair Jerome PowellFor months, the Federal Reserve chair, Jerome Powell, has ignored demands from Donald Trump to cut interest rates and defied the US president’s calls to resign, Callum Jones reports.On Friday, as Trump ramps up his extraordinary attack on the central bank’s independence, Powell will set out where he thinks the world’s largest economy is headed in a closely scrutinised speech at the Jackson Hole symposium in Wyoming. Continue reading...

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