Powell to Leave the Door Open for a September Rate Cut at Jackson Hole
According to Jinse Finance, MainSky Asset Management stated that Federal Reserve Chairman Jerome Powell is expected to pave the way for a rate cut in September at the upcoming Jackson Hole symposium. Unlike last year's meeting, this time the rate cut is expected to be only 25 basis points. MainSky anticipates at least one more rate cut in the fourth quarter of this year. (Jin10)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trending news
MoreAccording to the settlement agreement, Genevant Sciences, a subsidiary of Roivant Sciences Ltd., will grant Moderna, Inc. a non-exclusive license allowing the use of its lipid nanoparticle delivery technology for applications in the field of infectious diseases.
According to the latest filing submitted to the U.S. Securities and Exchange Commission, The Walt Disney Company's 364-day credit arrangement will expire on February 26, 2027.
Crypto prices
More
