interest rates, retirement, risk management

Echoes of Jackson Hole… Sept jobs day, CPI, and the Fed

On August 26th Fed Chair Jerome Powell addressed economists and decision-makers at the Fed’s annual Jackson Hole conference. His remarks had been anticipated for months. The inflation raging through the economy and repeated Fed rate hikes have deflated some of the bubbles we saw at the start of 2022.

The question is, will the Fed slow its rate hikes and allow the economy to have a “soft landing” or will the Fed keep raising rates potentially crashing the economy…

Powell left no doubt about the path forward.

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