The most important economic events Markets are turning their attention this week to the Jackson Hole conference scheduled for August 21-23, where Fed Chairman Jerome Powell is expected to deliver a speech that may contain decisive signals about the future of monetary policy. Any new hints on interest will determine the direction of the US dollar in the coming stage. The producer price index (PPI) and retail sales data for July, along with industrial production, came in better than expected, which helped the dollar to reduce some downward pressure. The political landscape and its impact on the dollar On the political front, investors are looking forward to the upcoming meeting between US President Donald Trump and his Ukrainian counterpart Volodymyr Zelensky, with the participation of European leaders. The meeting may open the way for a relative lull in the Ukrainian crisis, which may be reflected positively on the markets through the reduction of geopolitical risks, thereby giving the dollar a measure of stability. Minutes of the upcoming US Federal Reserve meeting The minutes of the FOMC meeting are scheduled to be released on Wednesday, August 20, 2025, the minutes will include details of the meeting held on July 29 and 30, explaining the views of members on the economic situation, inflation, labor market, and possible directions of monetary policy during the coming period.The markets are closely watching this event, especially the currency markets and the US dollar, in search of new signals or clues that may determine the course of the upcoming monetary policy, which makes the minutes one of the most important economic events of this week.
