Jim Cramer Is Watching Commodities Ahead of Powell’s Jackson Hole Keynote


As many anxiously await any clues of upcoming Federal Reserve tapering, the Kansas City Fed announced Friday’s economic symposium “Macroeconomic Policy in an Uneven Economy,” will be hosted virtually.

Fed chair Jerome Powell will now speak remotely as fears of the rapidly spreading delta variant of the coronavirus forced the in-person event to be moved online. The event was widely considered a sign of a ‘return to normal’ among the financial community.

“While we are disappointed that health conditions will prevent us from being able to gather in person at the Jackson Lake Lodge this year as we had planned, the safety of our guests and the Teton County community is our priority,” Kansas City Fed president Esther George said in a statement.