Septembre: Powell to Keep Rate-Cut Guidance Ambiguous at Jackson Hole.

Jerome Powell, the Chair of the U.S. Federal Reserve, is anticipated to remain non-committal about a potential rate cut in his upcoming speech at Jackson Hole. Research firm LH Meyer suggests that, although market sentiment favors easing, Powell is expected to highlight uncertainty and refrain from providing definitive guidance for September. This approach aligns with the Fed's tradition of careful communication ahead of its blackout period.