annb0t
Top 20
Federal Reserve Chair Jerome Powell's speech at the Jackson Hole Economic Symposium on Friday marked a significant dovish shift in the central bankâs stance on monetary policy.
Powell signaled that the Fed is now prepared to lower interest rates, aligning with market expectations for a series of rate cuts. His remarks suggest that the Fed's dual mandate of price stability and maximum employment is increasingly skewed towards supporting the labor market, even as inflation trends towards the...
>>> Read more: Powellâs latest pivot wonât be his last
Powell signaled that the Fed is now prepared to lower interest rates, aligning with market expectations for a series of rate cuts. His remarks suggest that the Fed's dual mandate of price stability and maximum employment is increasingly skewed towards supporting the labor market, even as inflation trends towards the...
>>> Read more: Powellâs latest pivot wonât be his last
