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Jackson Hole: Drifting toward Powell's message
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The 2022 Jackson Hole Economic Symposium is scheduled on Aug...

The 2022 Jackson Hole Economic Symposium
Aug 26 09:00
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The 2022 Jackson Hole Economic Symposium is scheduled on Aug 26 at 10:00 AM ET / Aug 26 at 22:00 SGT.

What to expect?

Federal Reserve Chairman Jerome Powell will discuss the economic outlook in a speech at this annual meeting, the content of which could signal the direction of borrowing costs in the US and determine the winners and losers of bets placed on US financial markets over time. Analysts predict that Powell will highlight the following themes.

1. The US economy still has momentum to move forward, the labour market is extremely tight and the inflation is unacceptably high.

2. The Fed will not relent until it is certain it has taken measures long enough to achieve its 2% inflation target.

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