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Powell Likely to Use Jackson Hole to Suggest Fed Ready to Cut

  • Fed chair to speak Friday on challenges facing monetary policy
  • Investors bet Fed will cut rates in September by quarter point
Bloomberg business news
Anne Anderson, head of fixed income at UBS Asset Management Australia, discusses bond yields and Fed communication.(Source: Bloomberg)
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Federal Reserve Chairman Jerome Powell will have no lack of material to choose from when he kicks off the central bank’s annual Jackson Hole symposium Friday with a speech on the challenges for monetary policy.