Bank of America on Powell speaking at Jackson Hole - to keep aggressive easing option open ...Middle East

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Federal Reserve Chair Powell will speak during his regular time slot at Jackson Hole, Friday morning of the event at 10am:Federal Reserve Chair Powell to speak at 10am US Eastern time on August 23Bank of America say that Powell's speech is unlikely to have much impact on the US dollar. Analysts at the bank note that funds are still positioned for a stronger dollar, which may pose downside risk. But, even if Powell speaks dovishly its going to be difficult for him to sound more dovish than market expectations are pricing:BoA cite markets pricing four cuts this year"We do not think Powell will push against market pricing, keeping the option for aggressive easing depending on the data before th

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