Jackson Hole: Analysts expect hawkish Fed with no major tone shift

Powell expected to speak

As the Federal Reserve Jackson Hole Economic Symposium approaches, analysts are expecting central banks to remain cautious in their rhetoric, while maintaining a hawkish push in the fight against inflation.

Held between 24 and 26 August, the title for the 46th annual conference is simply Structural Shifts in the Global Economy, while many central bankers are expected to speak. Federal Reserve officials split over future path for interest rate hikes Thomas Watts, investment analyst at abrdn, explained that while the meetings themselves are closed to the press, "officials usually talk with reporters throughout the day".    Watts warned that comments and speeches from the central banks could "create significant market volatility", as their words will "watched closely for any hints th...