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Andrew Ackerman reports that, near the end of the longest Jackson Hole address by a Fed chair since 2018, the central bank leader advocated for a quieter Federal Reserve that is more purposeful in its communications.
The statement emphasizes a shift in how the Fed aims to present policy signals and guidance.
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Ackerman has previously reported on gold climbing roughly 15 percent in a single month as the U.S. Treasury took action to curb debt costs, according to his coverage of the gold rally. He also highlighted concerns over the U.S. president's interventions in currency and bond markets in a separate article on market sentiment risks. These reports come as attention remains focused on official communications and actions that shape financial conditions.