42 Attorneys General Demand Surgeon General Warnings On Social Media In a move that's undoubtedly going to be used to...
Read More
Watch Live: Fed Chair Powell Speaks At Jackson Hole
You’re heard all the previews (here, here, here, and here), warning of disappointment.
You’ve listened to the under-card (Bostic, Bullard, and Harker all equanimously hawkish)
You’ve seen the decoupling between the market (tighter sooner then easier longer) and The Fed (tighter for longer, not easier for a while)…
Now it’s time for the main event…
“I know what they should do, which is they should not blink…”
As a final point of reference, the market priced in a 48% chance of a 75bps hike in September right before Powell spoke…
Watch Fed Chair Jerome Powell deliver his Jackson Hole speech live (due to start at 1000ET):
Tyler Durden
Fri, 08/26/2022 – 09:55
