ylliX - Online Advertising Network
General Market News

Here’s what analysts now expect Fed’s Powell to say about tapering at Jackson Hole event

Here's what analysts now expect Fed's Powell to say about tapering at Jackson Hole event

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

Amid widespread buildup to Friday’s speech by Federal Reserve Chairman Jerome Powell during the annual Jackson Hole symposium, analysts now say he may remain vague around the timing of any tapering process, given the risks to the economy from the continuing pandemic. Investors have been looking for clues as to how rising U.S. COVID-19 cases may affect the debate over the timing on scaling back monetary stimulus.

...read full article on Market Watch

ylliX - Online Advertising Network