Fed Chairman Powell will speak at the Jackson Hole Conference at 22:00 on Friday
BlockBeats news, August 24, Fed Chairman Powell will speak at 22:00 this Friday at Jackson Hole conference, market forecasts are as follows:
1. Goldman Sachs expects Powell to remain hawkish at Jackson Hole but reiterate the case for slowing the pace of tightening;
2. Jpmorgan expects the Fed to raise rates by 50 basis points in September. The meeting may provide more support for the Fed's dovish turn;
3. Principal Global Investors expects Powell to refute the notion that the Fed will turn to dove in his Jackson Hole speech;
4. Garda Capital Partners expects Powell to lean more hawkish, emphasizing that restoring price stability is a top priority;
5. Palumbo Wealth Management expects the Fed to "turn slightly hawkish," meaning hike more and for longer;
6. Citi says the Fed is unlikely to become more dovish as long as underlying inflation remains well above target and is not slowing convincingly;
7. Anz expects Powell to reiterate that the Fed's commitment to lower inflation will require a longer period of restrictive policy;
8. The Leuthold Group predicts the Fed's stance is still tilted toward excessive tightening, but that doesn't mean it won't shift to easing in a few months. The (golden) ten