Analyst: Powell Speech to Focus on Labor Market and Policy Path
BlockBeats News, August 20th: Mabrouk Chetouane, Global Market Strategist at La Française Investment Solutions, stated in a report that Federal Reserve Chairman Powell's speech at the Jackson Hole symposium may focus on the labor market and its impact on monetary policy. This year's symposium theme is "The Labor Market in Transition: Population Structure, Productivity, and Macroeconomic Policy." The focus of the meeting will be Powell's comments on the monetary policy path for the remainder of the year. Despite some rebound in inflationary pressures, Powell may need to explain why the policy emphasis is shifting toward the employment target while placing inflation in a secondary position. (FX678)
Federal Reserve Chairman Powell is set to deliver a key speech at the Jackson Hole symposium this Friday night Beijing time. Meanwhile, the latest higher-than-expected inflation data has led some traders to lower their rate cut expectations but still maintain the view that a rate cut could happen next month.
You may also like

Visa's Stablecoin Strategy: Cards, Settlement, and the Future

Stock Market Split

How to capture the next Alpha in the narrative of predictive markets?

"Legal" Ponzi scheme? Unveiling the circular lending of Gemini exchange and its founder

The first stock of stablecoins, Circle, has officially launched the new public chain ARC points system, and the interactive guide is here

Oil prices are approaching a critical point. What will happen in mid-April?

The oil price is approaching a critical point, what will happen in mid-April?

Mechanism drives value, deflation leads the future: MIAU will officially launch on PancakeSwap on April 13

Zhou Hang, the founder of Yidao Yongche: Cryptocurrency has finally arrived at its time to shine

Who else cannot be distilled into skill?

Who else cannot be distilled into skill?

The huge shock in the South Korean cryptocurrency market: How should traders view it?

From "Kimchi Premium" to Bithumb's Rectification: An Interpretation of the Current Situation in the South Korean Crypto Market

How to Automate Your Workflow with AI (No Code Required)

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

Is it still worth buying Circle on the callback?

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

