U.S. market indexes ended higher after a volatile trading week. The Dow Jones Industrial Average was up 1.09% for the week led by Walt Disney Company (NYSE:DIS
) and Intel (NASDAQ:INTC
). The week included gross domestic product and inflation data reports which provided greater transparency around the U.S. economy’s growth and price stability. To end the week, economists convened at the annual Jackson Hole Symposium to discuss inflation dynamics. Dennis Lockhart, the Atlanta Federal Reserve Bank president and a current member of the Federal Open Market Committee, is among the attendees at the Jackson Hole Symposium. In an interview at the Symposium, Lockhart gave his insight on the U.S. economy’s gross domestic production, labor market and current inflation level. More...