Investors brace for rocky ride as focus turns towards Jerome Powell’s speech.

# The markets are on the edge even after the FOMC Minutes indicated that the Federal Reserve is set to cut rates in September.

# All anxious eyes now turn to the biggest event this week: Jerome Powell’s Jackson Hole speech on Friday at 10:00 AM ET.

# All eyes and ears will be tuned in to see if Powell:

  1. Confirms a rate cut is coming in September
  2. And if so, by how much
  3. Or if it sounds like it may get postponed until November.

# According to the CME FedWatch Tool, Fed-funds futures now see a 73.5% chance of a 25 basis point cut in September, compared with a 26.5% chance of a 50 basis point cut. 

Disclaimer: This does not construe to be an investment advice. Stock market investments are subject to market risks. All information is a point of view, and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

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