FEd chair Jerome Powell will speak in 1h 12m.
Here we will see what we can expect from his speech. Jerome Powell is expected to lay the groundwork for the Federal Reserve's next phase of monetary policy in a speech today morning .
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The chairman's keynote address at the Fed's annual #PowellAtJacksonHole Monetary Policy Symposium in Wyoming will lay the groundwork for the coming shift in rates. Expect Powell to reiterate that the Fed’s decisions are data-dependent while confirming Fed officials’ dovish stance.
When the Federal Reserve’s Jackson Hole Monetary Policy Symposium kicked off on Thursday in this sunny and picturesque corner of northwest Wyoming, the Jackson Lake Lodge was buzzing with conversations about the Fed’s next interest-rate moves, the possibility of an economic soft landing, the state of the U.S. labor market, and the election. Inflation—the Fed’s chief concern for most of the past three years—was at most a secondary, if not a tertiary, topic of conversation.
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