Tuesday, July 23, 2024
HomeEconomyJerome Powell of the Jackson Hole: Expect rate-cutting rollback, bond yield comments

Jerome Powell of the Jackson Hole: Expect rate-cutting rollback, bond yield comments

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Drew Angerer

Later this week, monetary policymakers will gather at the Federal Reserve’s Kansas City annual economic symposium in Jackson Hole, Wyoming, to discuss “structural shifts in the global economy.” It is usually the highlight of the Fed Chairman’s speech.

Jerome PowellThe last meeting of the Federal Reserve.

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