Jerome Powell's Jackson Hole Speech
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Federal Reserve Board Chairman Jerome Powell gives a speech on the “Economic Outlook and Framework Review" amid scrutiny from the White House over not lowering borrowing rates.
Brent Donnelly of Spectra Markets ran a sizeable survey of expectations for Fed Chair Jerome Powell's speech, and of the 473 responses, 51% expect a neutral-to-boring outcome and 43% see a hawkish tint.
In a typical year, Jackson Hole sparks excitement mostly among market watchers. This time, the symposium feels more pivotal.