Analysts look ahead to Powell's speech: Not yet fully informed of the data, may remain cautiously silent
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最新报道：According to Bijie.com, Wall Street's attention is focused on Federal Reserve Chairman Powell's speech on Friday. Following a string of strong inflation data, Powell may remain cautiously silent. StoneX Senior Advisor Jon Hilsenrath said, "Powell is in a very tricky position. He will likely acknowledge that a September rate cut looks likely, but he won't provide a timetable for a series of rate cuts because the Fed's mission to control inflation is not yet complete." Powell's speech comes at a time when the Fed does not yet have all the data needed to determine the direction of interest rates, and its decision will rely heavily on August employment data and CPI readings to be released next month. Andrew Tyler, head of global market intelligence at JPMorgan, wrote in a report on Wednesday, "Jackson Hole may be insignificant." Rose Advisors portfolio manager Patrick Fruzzetti also said, "Powell has struck this balancing act before. I don't think he will signal an aggressive rate cut, nor will he be more hawkish than he is now. Powell will likely signal that policymakers are still prioritizing inflation over job growth."
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