News list for "Hall Conference"
Before Powell opened the door to a September rate cut at the Jackson Hole meeting, he had a general grasp of the PCE situation, which makes the potential impact of the high inflation report likely to have lessened. Click to view...
Federal Reserve Chairperson Jerome Powell's speech at the annual meeting of global central banks in Jackson Hole will start at 22:00 Beijing time tonight. Powell's speech may cause volatility to risk assets such as cryptocurrencies, and users are advised to pay close attention to the meeting's movements.
Blerina Uruci, chief U.S. economist at T. Rowe Price, said Fed Chair Jerome Powell's speech at the Jackson Hole meeting is likely to emphasize maximum flexibility for the next few FOMC meetings, noting that the policy path will depend on inflation and labor market data. She noted that there will also be an employment report and a CPI report before the September 17 Fed meeting. If inflation rises sharply or the labor market picks up strongly, it is more likely that interest rates will remain unch...
Investment banks' expectations for a rate cut at the upcoming Jackson Hole meeting are markedly divergent. State Street expects Powell to pave the way for a rate cut in September, while ANZ believes he may signal a return to interest rate normalisation. UBS believes Powell may be leaning towards a rate cut in September, while Russell Investments points that a rate cut could be 25 basis points. ING mentioned that Fed officials' concerns about the job market could lead to a more dovish stance. Ban...
Eitelman, global chief investment strategist at Russell Investments, pointed out in a note that the outcome of the upcoming Jackson Hole meeting may differ from market expectations. Eitelman said that the speech of Federal Reserve Chairperson Powell may not be as dovish as market expectations, and mentioned that a rate cut in September is "possible". A rate cut is expected to be 25 basis points, not 50 basis points. (Golden Ten)
Matrixport released today's chart saying, "Bitcoin's current pullback failed to hold the downtrend line, which is different from our previous expectations. The current downside is expected to be limited, but before the Federal Reserve's September interest rate meeting, market sentiment tends to be cautious, and the price may test the $112.000 support again. The Jackson Hole meeting is expected to be difficult to produce substantive signals, and it is more biased towards academic exchanges, which...
Bank of America strategists have pointed out that the record rally in U.S. stocks makes it an excellent time for the Federal Reserve to take profits when it sends dovish signals at the Jackson Hole conference. Michael Hartnett's team said investors are piling into risk assets ranging from stocks to cryptocurrencies and corporate bonds on optimism that the Federal Reserve will reduce...
Bank of America strategists have pointed out that the record rally in U.S. stocks makes it an excellent time for the Federal Reserve to take profits when it sends dovish signals at the Jackson Hole conference. Michael Hartnett's team said investors are piling into risk assets ranging from stocks to cryptocurrencies and corporate bonds on optimism that the Federal Reserve will reduce...
On August 15th, according to the Federal Reserve's schedule, Federal Reserve Chairperson Powell will deliver a speech on the economic outlook and the evaluation of the Federal Reserve's policy framework at the Kansas City Fed's annual central bank meeting in Jackson Hole, Wyoming at 10:00 US Eastern Time (10:00 pm Beijing time) on August 22. The speech comes at a critical time: the latest data show that tariff measures have had some impact on inflation, and the job market is slowing. This comple...
According to the Federal Reserve's schedule, Federal Reserve Chairperson Powell will give a speech on the economic outlook and the assessment of the Federal Reserve's policy framework at the Kansas City Fed's annual central bank meeting in Jackson Hole, Wyoming, on August 22 at 10:00 US time (10:00 pm Beijing time). The speech comes at a critical time: the latest data show that tariff measures have had some impact on inflation, and the labor market is slowing. This complex situation reinforces t...
