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Business Rundown: Great Expectations Ahead of the Fed's Jackson Hole Meeting
Published 5 months, 2 weeks ago
Description
Federal Reserve Chair Jerome Powell will speak Friday at the annual Jackson Hole Symposium. This is a huge event where investors and Fed watchers get train to gain insight into the direction of the Fed.
The big question top of mind—will there be a rate cut next month? FOX Business correspondent Lydia Hu is joined by Slatestone Wealth chief market strategist Kenny Polcari to discuss expectations of a rate cut from the Fed, the latest boost to the healthcare sector, and making sense of mixed inflation news.
Photo Credit: AP
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