#A3RT

📢 Fed Chair Powell's Jackson Hole speech highlights:

📷 Inflation remains too high for the Fed.

📷 Rates may be raised further if necessary.

📷 The Fed will exercise caution in decision-making.

Immediate market reaction:

📷 Bond yields jump

📷 Stocks take a hit.

#jacksonhole2023 #powell #fed #inflation #interestrates