đš POWELL SET TO DISAPPOINT MARKETS AT JACKSON HOLE! đš
Fed Chair Jerome Powell is anticipated to strike a dovish tone at the Jackson Hole symposium, but donât expect any groundbreaking policy hints. According to BNYâs John Velis, Powell may fall short of market expectations. Hereâs what to watch for:
đ Dovish Tone Expected: Powell is likely to acknowledge economic concerns without committing to aggressive policy changes.
đ”ïž No Specifics on Rate Cuts: Don't expect clear answers on the size, frequency, or duration of potential rate cuts.
đĄ Potential Rate Cut in September: A 25-bp cut is on the table, but a soft August jobs report could push for a 50-bp move.
đ Stay tuned and keep your strategies flexible as market reactions may hinge on what Powell doesnât say. Like, share, or comment if youâre ready for the next market shift!
