Fund manager says Fed Chair Powell will err on the side of hawkishness at Jackson Hole

<p>Analysts at US-based fund manager Invesco with their outlook for Federal Reserve Chair Powell speaking at Jackson hold on Friday, August 25 (he speaks from 10.05 am US Eastern time)</p><p>“I expect Fed policymakers to err on the side of hawkishness at their symposium in Jackson Hole later this week.”
</p><p>Citing:</p><ul><li>the Fed needs to prevent financial conditions from easing</li><li>would prefer to avoid any more rate hikes</li><li>“It seems that the recent rise in Treasury yields reflects improved growth expectations, as fears about recession have subsided – and as inflation data continues to show improvement and survey-based inflation expectations have fallen.”</li></ul><p>—</p><p>Earlier previews:</p><ul><li><a href="https://www.forexlive.com/centralbank/note-for-diary-preview-powell-to-speak-at-10-am-et-on-friday-august-25-jackson-hole-20230817/" target="_blank" data-article-link="true">Note for diary &amp; preview – Powell to speak at 10 am ET on Friday August 25 – Jackson Hole</a></li><li><a href="https://www.forexlive.com/news/previewing-the-week-ahead-in-financial-markets-tldr-version-is-nvda-earnings-vs-powell-20230820/" target="_blank" data-article-link="true">Previewing the week ahead in financial markets. TL;DR version is NVDA earnings vs. Powell</a></li><li><a href="https://www.forexlive.com/centralbank/goldman-sachs-is-not-expecting-a-strong-signal-from-federal-reserve-chair-powell-this-week-20230821/" target="_self">Goldman Sachs is not expecting a strong signal from Federal Reserve Chair Powell this week</a></li></ul><ul><li><a href="https://www.forexlive.com/centralbank/fed-chair-powell-at-jackson-hole-boa-expect-him-to-pushback-against-rate-cut-expectations-20230821/" target="_blank" data-article-link="true">Fed Chair Powell at Jackson Hole, BoA expect him to pushback against rate cut expectations</a></li><li><a href="https://www.forexlive.com/centralbank/td-preview-federal-reserve-chair-powells-jackson-hole-speech-higher-for-longer-20230821/" target="_blank" rel="follow" data-article-link="true">TD preview Federal Reserve Chair Powell's Jackson Hole speech – higher for longer</a></li><li><a href="https://www.forexlive.com/centralbank/td-analysis-powells-speech-at-jackson-hole-a-shift-in-the-feds-policy-emphasis-20230822/" target="_blank" rel="follow" data-article-link="true">TD analysis: Powell's speech at Jackson Hole – A shift in the Fed's policy emphasis?</a></li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.