Powell at Jackson Hole: Volatility Ahead ⚠️
Fed Chair Jerome Powell speaks today at Jackson Hole (7:30 PM IST), a stage often used to signal major Fed policy shifts. 🚨
⭕️ Market reactions over the last 5 years:
2021: Dovish → markets rallied
2022: Hawkish → stocks & crypto fell sharply
2023: Cautious → modest gains
2024: Mixed reaction
2025: Already negative ahead of speech
⭕️ Current backdrop:
▫️ Labor market weakening, with large downward revisions → supports cuts
▫️ Hot PPI print → raises inflation concerns, argues for caution
▫️ Markets price a 71.3% probability of a Sept 17 rate cut
Powell’s remarks will be scrutinized for clues, but he may avoid offering clear commitments.
Expect volatility across equities, bonds, and #CryptoMarket.