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Traders and investors across all asset classes are all ears to what the Federal Reserve Chair Jerome Powell has to say today at the annual Jackson Hole meeting. Inflation is the keyword and the policy framework to target it will determine whether we see more upside to risk assets in the months to come.So far, we have only seen rising prices in asset classes such as stocks in particular, but throughout the past decade, the consumer price index has averaged around 1.5% so missing the Fed’s 2% inflation target. The FOMC’s dual mandate has been to maximise sustainable employment and keep... Read More
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