Analysts at TD Securities, counsel that the Jackson Hole conference can spotlight gap remarks by Fed Chair Powell, with investors searching for any steerage concerning the trail ahead for rates.
Key Quotes
“We don't anticipate vital announcements by Powell concerning the policy outlook. If something, we'd expect him to tell his post-FOMC group discussion message, wherever he argued that the Fed was embarking on a "mid-cycle adjustment" in policy.”
“We additionally expect policymakers stay} non-committal in their steerage for future rate cuts and state that they'll remain watchful of future information and developments on world growth and trade uncertainty.”
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