Jerome Powell's Jackson Hole Speech
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The Fed chair delivered a “virtuoso performance” with his Jackson Hole speech, says State Street’s Michael Arone
If inflation starts climbing again after a rate cut, “the Fed will have to reverse course—and in the worst case, start hiking again,” Slok said.
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Capital Market on MSNGold trades rangebound on Fed caution; Powell speech in focus
Gold futures slipped below $3370 an ounce on Friday, weighed down by a stronger US dollar and caution ahead of Fed Chair Powell's speech at Jackson Hole. The dollar index
Brent Donnelly of Spectra Markets ran a sizeable survey of expectations for Fed Chair Jerome Powell's speech, and of the 473 responses, 51% expect a neutral-to-boring outcome and 43% see a hawkish tint.