Jackson Hole Economic Symposium
Jackson Hole Economic Symposium
Aug 23 09:00
Jackson Hole Economic Symposium is scheduled for August 23 at 10:00 AM ET /August 23 at 10:00 PM SGT/August 24 at 0:00 AM AEST. Subscribe to join the live NOW!
Federal Reserve Chair Jerome Powell will speak at the Kansas City Fed's Jackson Hole Economic Policy Symposium.With the central bank on the cusp of lowering interest rates from a more than two-decade high, Powell's comments will be closely parsed for any hints on how the Fed chief is viewing the economy in the wake of a weaker-than-expected jobs report and further easing in inflation.
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Pochong : He won’t cut. The message from him at Jackhole 2024 will be holding rates. No further info of when it will start to cut.
Lucky Lu Pochong : yes, he cannormt raise rate so play this tactic.
Supermengg :
1016551418 : noted with thanks
骨神 : He will cut la. Nick said so
Eric ng :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Skyzero : Actually cut or dont cut wont hit the stock price so much because maximum only 50 basic points
退休老兵令狐冲 : No cut data still good
market expected cut only see to night Powell speech 
till September action
FinanceCalculus : will cut one lah. some sector will die if prolonged high int rate. Then bad economy and election tilt toward opposition
Lucky Lu : Sep has been a terrible month for Nasdaq.
Today is Friday - 23 Aug 2024.
Generally, investors dont like to hold over the weekend.
If bad news, mkt tend to over react tonight as weeking coming.
Hold and endure until Sep?
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