Analysts at Goldman Sachs offer a sneak peek at what to expect from the US Federal Reserve (Fed) Chair Jerome Powell’s speech at the Jackson Hole Symposium due this Thursday at 1310GMT.
Key quotes
“Expect Powell to reveal the key conclusions of the Bank’s framework review.
And that will be the FOMC adopting average inflation targeting (AIT).
AIT means the Bank aiming for 2-2.5% inflation when the economy is at or near full employment.”
Reprinted from FXStreet，the copyright all reserved by the original author.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now