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High points for US economic data scheduled for August 19 week
Economic data in the August 19 week will take a backseat to the Kansas City Fed’s annual Jackson Hole (August 22-24) which will be brimming with central bankers and offering an opportunity to gauge the outlook for less restrictive monetary policy. In particular, Fed Chair Jerome Powell is likely to send a message to markets that anticipation of a rate cut in September is justified, absent unexpected developments. His speech is scheduled for 10:00 ET on Friday. There is also the Democratic National Convention in Chicago which will run August 19-22.
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- Aug 17, 2024 4:29am Aug 17, 2024 4:29am
- Edrine.m
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- Aug 20, 2024 2:31pm Aug 20, 2024 2:31pm
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KareemAliFx - Joined Oct 2019 | Status: Member | 303 Comments
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- Posted: Aug 16, 2024 7:40pm
- Submitted by:Category: Fundamental AnalysisComments: 2 / Views: 7,095
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