#FedDovishNow
Powell's unexpected shift at Jackson Hole
As Powell signals a more dovish monetary stance, US stock markets are rallying with hopes of potential rate cuts.
Fueled by upcoming economic data on employment and inflation that could dictate the Fed's next moves.
US stock markets jumped on Friday following the Fed Chair Jerome Powell's moderate pivot during his speech at the Jackson Hole symposium.
This could pave the way for an interest rate cut at the September Federal Open Market Committee (FOMC) meeting.
This shift came just days after the restrictive minutes from the July FOMC meeting highlighted the risks of rising inflation.
#FOMCMinutes
#FamilyOfficeCrypto
#FOMO
#GENIUSAct
$ETH
Powell's unexpected shift at Jackson Hole
As Powell signals a more dovish monetary stance, US stock markets are rallying with hopes of potential rate cuts.
Fueled by upcoming economic data on employment and inflation that could dictate the Fed's next moves.
US stock markets jumped on Friday following the Fed Chair Jerome Powell's moderate pivot during his speech at the Jackson Hole symposium.
This could pave the way for an interest rate cut at the September Federal Open Market Committee (FOMC) meeting.
This shift came just days after the restrictive minutes from the July FOMC meeting highlighted the risks of rising inflation.
#FOMCMinutes
#FamilyOfficeCrypto
#FOMO
#GENIUSAct
$ETH