Week InReview: August 26, 2022

A hawkish or dovish Powell?

Federal Reserve Chair Jerome Powell may have a very tough time meeting expectations that he will double down on a hawkish policy stance when he takes the podium on Friday morning at Jackson Hole to kick off the central bank's annual symposium. There's an argument to be made that he needs to overshoot given the way that markets continue to “fight the Fed” by hampering the central bank's steepest interest-rate hikes in a generation. Read more.

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