Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage fraud.

India's stock benchmarks fell on Friday, as investors were cautious ahead of the U.S. Federal Reserve Chair Jerome Powell's speech at the annual Jackson Hole symposium, but expectations of tax reforms helped the indexes log weekly gains.

Allianz advisor Mohamed El-Erian named BlackRock's Rick Rieder and former Fed governor Kevin Warsh as top candidates to replace Jerome Powell as Fed chair.

Crypto markets saw a significant correction as monetary policy fear spikes started clouding investor sentiment ahead of a US Federal Reserve gathering on Friday.

Investors are tracking talks aimed at ending the Russia-Ukraine war and awaiting Federal Reserve Chair Jerome Powell's speech at Jackson Hole at the end of the week.

U.S. stocks remain near unchanged, digesting last week's gains. Investors look to key earnings and an annual Fed conference for direction this week.

Fed Chair Jerome Powell used the central bank's annual Wyoming research conference to promise inflation-fighting rigor when it was needed in 2022, then last year he came to the defense of the job market with promises of lower interest rates when the unemployment rate seemed on a steady rise.

With market participants looking ahead to Friday's Jackson Hole speech from Federal Reserve Chair Jerome Powell, there are expectations on Wall Street that he may not be as inclined to cut interest rates in September as previously thought.