Appearing on Ausbiz TV, our Stephen Miller predicts that numerous key central bankers, including Jerome Powell, will deliver a message of assuredness at the upcoming gathering in Jackson Hole, Wyoming.
Despite substantial progress in inflation control over the last few months, Stephen opines that the Fed will refrain from an early victory declaration. He anticipates that Powell will affirm the need to maintain the policy rate at least at current levels well into 2024, to avoid sparking a bond rally.
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