Post #2770

Powell’s Jackson Hole speech tomorrow could shake the markets! After the Fed’s recent rate cut and mixed data, all eyes on his next move. A cautiously dovish tone is expected as the job market shows weakness and global risks linger. Markets are hoping for signs of more rate cuts. But don’t get too excited, rising bond yields and slightly higher inflation mean Powell won’t promise too much. Most likely, he’ll stick to the line that future decisions will remain data-dependent. The market seems already front running Powell's speech 👀. Let’s see if he can give market something to cheer about