Fed chair Powell to adopt a more cautious approach at Jackson Hole - MUFG ...Middle East

They also note that markets are pricing in the resumption of policy easing by the Fed and will look to Powell to validate those expectations. However, Powell may not choose to confirm the timing and buy more time to assess incoming data. If so, that could dampen downside pressures against the dollar with markets having to reassess their pricing on rate cuts.

The narrative here fits with the commentary from yesterday: Jackson Hole on the horizon for markets this week

This article was written by Justin Low at investinglive.com.

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