Investors will focus on Powell’s speech at 10 a.m. New York time on monetary policy in a changing economy for confirmation of an interest-rate increase at September’s meeting of the Federal Open Market Committee. Trump might complain about rate hikes, but minutes released Wednesday of U.S. central bankers’ policy deliberations at their last meeting showed they were on track to move in September.
The conference’s formal theme is the implications of increasing market concentration and what it means for competition, consumers and workers if a a few superstar firms such as Amazon.com Inc. control ever-larger market shares in many industries. Amazon chief economist Patrick Bajari has been invited.
This story provided by Bloomberg News.