Jackson Hole Symposium to lay groundwork for this cycle’s first rate cut: James Knightley

August 23, 2024

James Knightley of ING suggests the Federal Reserve might reveal more about its interest rate strategy at the Jackson Hole Symposium. Despite expectations for a September rate cut, concerns over data quality persist, raising questions about economic growth. Markets anticipate a possible rate cut based on recent economic data revisions and global economic uncertainties.

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