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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Interest rate expectations in focus at Jackson Hole, shares rally

A summit of central bankers gets underway today, with traders focused on the prospect of further big hikes in interest rates.

The annual Jackson Hole economic symposium takes place in Wyoming, where the main event will be Friday’s speech from Federal Reserve chairman Jerome Powell.

Markets appear to be pricing in a third successive 0.75% increase in US interest rates at next month’s meeting as Fed policymakers continue their inflation fight.

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