Powell in Jackson Hole.. Will the Fed settle the interest rate battle or leave the markets in confusion? - Federal Reserve Chairman Jerome Powell is expected to avoid a clear commitment to an interest rate cut in his anticipated speech on Friday at the Jackson Hole symposium, preferring to keep all options open.
Although markets largely expect a move towards monetary easing, Powell may emphasize that the path is not guaranteed. The research firm "LHMeyer" indicated that he may seek to temper expectations so that markets do not settle on a certain rate cut before the Fed enters its quiet period.#BinanceHODLerPLUME