Market Minutes Recap – Fed Chair Powell Affirms Inflation Fight at Jackson Hole. Will the Fed Pivot?

It is the end of an unprecedented week in the markets as investors react to Fed Chair Powell’s hawkish speech at Jackson Hole reiterating the commitment to tame inflation at the expense of the economy. As the housing market cools, GDP declines and inflation eases, can investors expect an outsized rate hike in September? Listen in to the latest Key Wealth Matters podcast as our team of investment experts share their take on this week’s market moves and how you can navigate the current economic cycle.
Speakers:
Stephen Hoedt, CMT, Managing Director, Equity & Fixed Income Research, KeyBank Investment Center
Brian Pietrangelo, Managing Director of Investment Strategy, KeyBank Investment Center
Rajeev Sharma, Managing Director of Fixed Income, KeyBank Investment Center
  • 01:07 – Review of key economic data
  • 02:20 – Implications of Fed Chair Powell’s speech at the Jackson Hole Symposium
  • 09:34 – Outlook for US credit markets 
  • 13:11 – Housing market forecast  
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