🚨 Jackson Hole speech is the highlight of today.
Kevin Warsh will deliver his first Jackson Hole speech on Friday at 22:00 (UTC+8).
Inflation has not yet come down:
- Core PCE: 3.3%, unchanged from June
- Headline PCE: 3.7%, higher than June
- Federal Reserve interest rate: 3.50–3.75%
The market is waiting for his signals:
- Dovish → market surges
- Hawkish → market plunges
- Cautious → market chops sideways
Significant volatility is expected before and after the speech.
Kevin Warsh will deliver his first Jackson Hole speech on Friday at 22:00 (UTC+8).
Inflation has not yet come down:
- Core PCE: 3.3%, unchanged from June
- Headline PCE: 3.7%, higher than June
- Federal Reserve interest rate: 3.50–3.75%
The market is waiting for his signals:
- Dovish → market surges
- Hawkish → market plunges
- Cautious → market chops sideways
Significant volatility is expected before and after the speech.
