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Powell's Speech Likely to Focus on Labor Market and Monetary Policy Path
Summary: According to sources, Mabrouk Chetouane, Global Market Strategist at France's Ostrum Asset Management, reported that Federal Reserve Chairman Powell's speech at the Jackson Hole Symposium may focus on the labor market and its impact on monetary policy. This year's theme is 'Labor Market in Transition: Demographics, Productivity, and Macroeconomic Policy.' He noted that Powell may ...
According to sources, Mabrouk Chetouane, Global Market Strategist at France's Ostrum Asset Management, reported that Federal Reserve Chairman Powell's speech at the Jackson Hole Symposium may focus on the labor market and its impact on monetary policy. This year's theme is 'Labor Market in Transition: Demographics, Productivity, and Macroeconomic Policy.' He noted that Powell may need to explain why the policy focus is shifting towards employment goals, while placing inflation in a secondary position.
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