Business World

Friday 20 July 2018

Central bankers head west as rates eclipse other talks

Federal Reserve Chair Janet Yellen Photo: AP
Federal Reserve Chair Janet Yellen Photo: AP
Ellie Donnelly

Ellie Donnelly

Central bankers will gather in Wyoming in the US for the annual Jackson Hole policy summit today.

Among the speakers is Fed chair Janet Yellen, while ECB chief Mario Draghi is among attendees at the three-day event where the future shape of rate rises is likely to be a key debate.

Tomorrow, German Chancellor Angela Merkel will give the opening speech at Gamescom, the annual meeting for global companies in the entertainment and gaming industries, in Cologne, Germany.

The speech is seen as part of a push by her campaign to reach younger audiences.

The event, which opens on Wednesday, will run until August 26.

Also tomorrow, ECB vice president Vitor Constancio and Vitor Gaspar, director of the fiscal affairs department at the IMF, speak on 'Inequality and the Distributional Impact of Macroeconomic Policies' at the annual congress of the European Economic Association.

On the results front software provider is among companies announcing earnings.

At home Independent News & Media (INM) will hold its annual general meeting on Wednesday. On Thursday the UK is due to release second quarter GDP estimates.

On Friday attention will turn to South Korea where a panel of judges in Seoul will deliver its verdict in the trial of Jay Y Lee, heir apparent at Samsung.

Irish Independent

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