๐Ÿšจ Fed Chair Powell speaks today at the Jackson Hole Symposium.



Heโ€™ll address current monetary policy and share his outlook moving forward.

Since the last FOMC meeting:
Jobs data came in far weaker than expected, with large downward revisions (this supports more rate cuts).
But PPI was much hotter than forecast (this suggests inflation could return and rates might stay higher).

This leaves Powell in a tough spot. Based on history, donโ€™t expect him to give major clarity.

โš ๏ธ Expect volatility today.

๐Ÿ’ก Lesson: Events like this can cause big swings both ways. Never risk more than youโ€™re comfortable losing, and let volatility work for you not against you.

#FOMC # powellspeech
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