Reported 3 days ago
Jerome Powell is set to deliver his last Jackson Hole speech as Federal Reserve Chair, leading market watchers to speculate on its potential impact. Experts suggest Powell may maintain a cautious tone, emphasizing data dependence ahead of upcoming inflation reports. While investors are pricing in a significant chance of a rate cut, some analysts express skepticism regarding this expectation, noting persistent inflation concerns and the complexities of the current economic landscape.
Source: YAHOO