This week, bond traders await a pivotal moment as Jerome Powell speaks at the Federal Reserve's annual gathering in Jackson Hole. With expectations for rate cuts rising, his insights could significantly impact the Treasury market. Is the quarter-point cut next month a sure thing?
Investors are keenly awaiting U.S. Federal Reserve President Jerome Powell's comments from the Jackson Hole Symposium, which could signal upcoming interest rate cuts. Key economic data from Europe is also on the horizon.
As pressure mounts from analysts and politicians, will the Federal Reserve finally cut interest rates? With mixed economic signals and a possible dovish shift, the September meeting could be pivotal!
