鲍威尔讲话要点。

08/23 22:05

Fed Futures Show Little Change to 2019 Easing Bets Post-Powell

Anny Kuo?TOPLive Editor

08/23 22:05

Stocks Pare Losses After Powell Says Fed to Act as Appropriate

Anny Kuo?TOPLive Editor

08/23 22:03

Treasuries Hold Gains After Fed’s Powell Comments

Kelsey Butler?TOPLive Editor

08/23 22:03

Key takeaways from Fed Chair Jerome Powell’s Jackson Hole speech:

Powell says the economy is in a “favorable place,” but immediately refers to “significant risks” in a text that ultimately appears to signal a rate cut at the FOMC’s September meeting.

He calls attention to an “eventful” three weeks since the July FOMC meeting, highlighting negative developments, including:

New tariffs on China

“Further evidence of a global slowdown, notably in Germany in China”

A sharp downward move of long-term bond rates around the world