<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/fed-chairman-powell-delivers-key-speech-at-jackson-hole/" data-wpel-link="internal">Fed Chairman Powell Delivers Key Speech at Jackson Hole</a><br></p>
<p style="text-align: justify"><strong>Jackson Hole</strong> started yesterday, and now Fed Chairman <strong>Powell</strong> is speaking. His statements here are extremely important. At this annual event, central bank officials from around the world gather to evaluate the global economy. Before the September interest rate decision, Powell needs to send a message to the world here.</p> 
<h2 style="text-align: justify" id="fed-chairman-speaks">Fed Chairman Speaks</h2> 
<p style="text-align: justify"><strong>Fed Chairman Powell</strong> and his team have been convinced of rate cuts in September, with 25bp looking certain. However, it was eagerly awaited what tone Powell would set here before the first rate cut in four years begins. The important detail is the pace of easing we can see.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-382705 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/fed-eylul-faiz-karari-.png" alt="" width="1520" height="682"></p> 
<p style="text-align: justify">Powell’s speech has begun, and the key points are as follows:</p> 
<ul> 
 <li style="text-align: justify">The time has come for policy adjustment.</li> 
 <li>We will do everything we can to support a strong labor market while making further progress toward price stability.</li> 
 <li>We do not want or welcome further cooling in labor <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">market conditions</a>.</li> 
</ul> 
<div class="Summary"> 
 <p>Powell speaks at the Jackson Hole event.</p> 
 <p>He emphasizes the importance of policy adjustment.</p> 
 <p>He aims to support a strong labor market and price stability.</p> 
</div> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/fed-chairman-powell-delivers-key-speech-at-jackson-hole/" data-wpel-link="internal">Fed Chairman Powell Delivers Key Speech at Jackson Hole</a></h5>
<p>The post <a href="https://en.coin-turk.com/fed-chairman-powell-delivers-key-speech-at-jackson-hole/" data-wpel-link="internal">Fed Chairman Powell Delivers Key Speech at Jackson Hole</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Fed Chairman Powell Delivers Key Speech at Jackson Hole

Table of Contents

COINTURK NEWS

Other articles published on Aug 23, 2024

Ripple’s Price Rises to $0.63 Before Dropping to $0.59

Analyst Predicts 8,200% XRP Price Rally Based On This Historical Pattern

XRP Will Soar Massively When Tether Bubble Bursts, Says Researcher

Lido Finance Ventures Beyond Ethereum, Expands to BNB Chain

Analysts Highlight Key Bitcoin Price Levels

AAVE on Fire! Will It Hit $150 Next?

Join our free newsletter for daily crypto updates!