Bond investors expect Powell to tee up September rate cut in Friday speech

Bond traders are betting that Jerome Powell will send a clear message this Friday morning that interest rate cuts are coming next month. The Federal Reserve Chair is scheduled to speak at 10 a. m. in Jackson Hole, Wyoming, during the Fed’s yearly economic gathering. Powell typically uses this platform before to change expectations, so now […] source: https://www.cryptopolitan.com/bond-investors-powell-rate-cut-friday-speech/