Powell is delivering his annual address at the central bank’s Jackson Hole, Wyo., symposium Friday morning.
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Federal Reserve Chair Jerome Powell is delivering his annual address at the central bank's Jackson Hole, Wyo., symposium Friday morning. A year ago, Powell emphasized that the Fed was committed to bringing down inflation and cautioned that"some pain" was likely for the economy. In previous speeches, he has varied on his policy indications, and this year market expectations are for him to find a center lane that stresses data dependence rather than a preset notion.
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