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Federal Reserve Chairman Jerome Powell delivers his very anticipated speech this Friday morning as part of the central bank’s virtual Jackson Hole symposium.
Markets do not expect Powell to break down any walls or 10x any stocks, but nonetheless it will give him the opportunity to give us his view on the economy as well as the appropriate forward response.
The Fed could soon announce its intention to pull back on its $120 billion a month bond-buying program, though interest rates are likely a good ways away off in the future.
[…] https://patrioticbets.com/2021/08/27/fed-chair-powell-delivers-his-jackson-hole-economic-speech-live… […]