Fed policymakers have been pushing back against the notion that the rate hike cycle is finished. If Fed Chair Powell takes a similar path during his speech on Friday at the Jackson Hole Economic Policy Symposium, it might help curb the Fed pivot narrative.
review comments and speeches made by various Federal Reserve policymakers since the July
The tone deployed by Fed policymakers between the July FOMC meeting and the Jackson Hole Economic Policy Symposium suggests that a 75-bps rate hike is possible in September, even after Fed Chair Jerome Powell suggested that rate hikes to such a degree were less likely moving forward.
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