Market Reaction to Powell’s Jackson Hole Speech

Kevin Gordon from Charles Schwab and Frances Donald from RBC Capital Markets discussed the market’s response to Federal Reserve Chair Jerome Powell’s speech at Jackson Hole. Their insights highlight potential implications for interest rates and the economy.

Federal Reserve’s September Meeting Outlook

The discussion also covered the Federal Reserve’s upcoming September meeting, debating whether to raise interest rates or hold steady. Market expectations are closely tied to inflation and economic indicators that could influence the Fed’s decision.