Reported about 2 months ago
As the Federal Reserve's 2024 Economic Symposium kicks off in Jackson Hole, expectations are high for comments from Chair Jerome Powell on monetary policy. However, Annex Wealth Management's economist Brian Jacobsen warns that the market's anticipation may be overly optimistic, predicting Powell's address could lead to disappointment by offering little indication of significant policy easing despite lowering inflation rates.
Source: YAHOO