FED RATE CUTS: WILL POWELL DISAPPOINT AT JACKSON HOLE?
Markets expect a 0.25% Fed rate cut in September, but analysts say Powell may avoid signaling easing in his Jackson Hole speech Friday. Despite weak jobs data and political pressure, concerns over stagflation and rising inflation could give him reason to hold back, according to HSBC and Bank of America.The copyright of this article belongs to the original author/organization.
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