Economists expect Powell to be more cautious in his remarks at Jackson Hole
2025-08-18 13:01:43
Economist Ed Yardeni pointed out in a note that Federal Reserve Chairperson Jerome Powell is likely to be more cautious at the Jackson Hole meeting than last year. He said Powell is likely to remain a wait-and-see attitude rather than a hawk or dove. Yardeni believes that if inflation and employment data are higher than expected before the September meeting, the Federal Reserve may be more cautious in its decision-making.
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