#A3RT
📢 Fed Chair Powell's Jackson Hole speech highlights:
📷 Inflation remains too high for the Fed.
📷 Rates may be raised further if necessary.
📷 The Fed will exercise caution in decision-making.
Immediate market reaction:
📷 Bond yields jump
📷 Stocks take a hit.
#jacksonhole2023 #powell #fed #inflation #interestrates
@arbindtiwariT
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