Market focus is largely attuned to the Federal Reserve's central banking meeting in Jackson Hole, Wyoming over the next two days.
Policymakers at the U.S. central bank are scheduled to deliver remarks from Thursday, after weeks of limited public appearances. Philadelphia Fed President Patrick Harker and Dallas Fed President Robert Kaplan are both set to comment on the world's largest economy later in the session.
The Fed's closely-watched annual meeting comes shortly after the central bank published its latest meeting minutes on Wednesday.Federal Reserve officials who voted to lower interest rates three weeks ago agreed that the move shouldn't be viewed as an indication that there is a "pre-set course" for future cuts.
The summary indicated that policymakers viewed the move as a "mid-cycle adjustment," an expression Chairman l used in a news conference afterward that was seen as contributing to a stock market sell-off after the July 30-31 meeting.after the release of the Fed's meeting minutes.On the data front, the latest weekly jobless claims will be released at around 8:30 a.m. ET.
Leading index data for July and the Kansas City Fed survey, manufacturing Purchasing Managers' Index and services PMI for August will all follow slightly later in the session.
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