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Powell's Jackson Hole speech could setup a policy tweak that lasts well beyond his tenure

From finance.yahoo.com

When Federal Reserve Chair Jerome Powell gives his last speech in Jackson Hole, Wyo., this Friday, investors will be listening for whether he signals an interest rate cut next month. But Powell could lay out more overarching changes to the central bank’s dual mandate that will last long after his tenure is up next May — and mark part of his legacy. Powell will share his outlook for the economy at Jackson Hole. But he is also expected to lay out changes to the central bank’s policy framework review, which articulates the Fed’s strategy and commitment to fulfilling its congressional mandate for stable prices and ... (full story)

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  • Category: Fundamental Analysis