nygazet.com logo
What Fed Chair Powell Might Reveal at Jackson Hole on Friday: 3 Scenarios to Watch
business

What Fed Chair Powell Might Reveal at Jackson Hole on Friday: 3 Scenarios to Watch

1 min read

Wall Street will be listening closely to Federal Reserve Chair Jerome Powell's speech Friday at the Jackson Hole economic policy summit, where he could signal whether the central bank is ready to cut borrowing costs at its next meeting in September.

Key Takeaways Federal Reserve Chair Jerome Powell's speech at the Jackson Hole economic conference could shed light on whether the central bank will cut interest rates in September. Powell may signal that the Fed will pivot to cutting interest rates ... [4443 chars]

Read Original Article

Source: Investopedia

Visit Source

Share this article