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Powell Expected to Signal Dovish Shift at Jackson Hole This Friday
According to BlockBeats, Fed Chair Kevin Powell is expected to signal a dovish stance on Friday, August 25, at the Jackson Hole Economic Symposium as long-term U.S. Treasury yields remain elevated. The market anticipates Powell may ease concerns over inflation and fiscal risks amid divergence between the Federal Reserve and Treasury Department on debt management. The Treasury recently shifted financing pressure to shorter-term debt while accelerating long-term buybacks, betting on future rate cu
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