US Morning News Call | Stock Futures Rise With All Eyes on Powell's Key Jackson Hole Speech

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Powell's heavyweight speech is coming tonight! Goldman Sachs: The market is looking forward to these surprises.

① On the evening of August 23, Peking time, Federal Reserve Chairman Powell will deliver a keynote speech at the Jackson Hole Symposium. ② According to Goldman Sachs, compared to the scare Powell brought to the market two years ago, this time Powell is more likely to bring a surprise to the market.

cls.cn23:03 ET

On the eve of the Jackson Hole meeting, Federal Reserve officials are sounding dovish, expressing strong support for an early rate cut.

Officials still emphasize the health of the US labor market and economy, but advocate for gradually starting to reduce interest rates as soon as possible.

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