NYSE Content Advisory: Pre-Market update + Fed Chair Jerome Powell Set to Deliver Jackson Hole Speech
- Markets are closely watching the Fed's economic policy symposium in Jackson Hole, where Chair
Jerome Powell will speak at10 a.m. ET . - Nearly 70% of traders expect a Fed rate cut in September amid dual concerns about inflation and employment highlighted in the Fed's July meeting minutes.
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The Fed's July meeting minutes emphasized policymakers' concerns about both inflation risks and employment, key elements of the Fed's dual mandate.
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