๐บ๐ธ Powell's Jackson Hole Approach ๐๏ธ๐ผ As the annual Jackson Hole symposium approaches, Yonhap Infomax forecasts Federal Reserve Chairman Jerome Powell's cautious stance. WisdomTree's Kevin Flanagan predicts Powell will echo the recent hawkish tone and minutes from the previous meeting. However, the mention of a 'neutral rate' could still create market waves, as opinions vary due to changing inflation and robust US economy. The 'neutral rate' represents an interest level that neither stimulates nor hampers the economy, a topic to watch closely. ๐๐ฆ #JacksonHoleSymposium #PowellRemarks #EconomicInsights
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