Powell’s Jackson Hole Speech May Hint at Rate Cut

Powell's Jackson Hole Speech: Potential Market Impact

As anticipation builds around Federal Reserve Chair Jerome Powell's upcoming speech at the Jackson Hole Symposium, financial markets are closely watching for hints of a potential rate cut. Scheduled for 10 AM on Friday, this speech follows last week's core CPI data, which showed a mere 0.165% month-over-month increase, aligning with a broader trend of subdued inflation.