08/26 FRIDAY | 14:00 GMT | USD Fed Chair Powell Speech at Jackson Hole
The Fed’s Jackson Hole Economic Policy Symposium will run from Thursday through Saturday, and if recent commentary from Fed policymakers is a guidepost, then traders should be expecting hawkish tones in unison. Certainly, markets seem to think that a Fed pivot is coming, given the market pricing is for only a handful of 25-bps rate hike equivalents the rest of 2022 before rate cuts materialize in 2023.
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