Economics

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

Anne Anderson, head of fixed income at UBS Asset Management Australia, discusses bond yields and Fed communication.(Source: Bloomberg)

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By Rich Miller

August 18, 2019 at 11:00 PM UTC

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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.