3min chapter

Squawk on the Street cover image

Jackson Hole Day: Powell's Fed Summit Speech and the Markets 8/23/24

Squawk on the Street

CHAPTER

Intro

This chapter explores the excitement before Fed Chair Powell's address at the Jackson Hole summit, examining market reactions and the possible implications of a September rate cut. It highlights the balance between market expectations regarding inflation and the Fed's careful approach to interest rate changes.

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