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Powell's speech may focus on the labor market and policy path.
[Powell's speech may focus on the labor market and policy path] Mabrouk Chetouane, Global Market Strategist at Amundi, stated in a report that Fed Chair Powell's speech at the Jackson Hole seminar may focus on the labor market and its impact on monetary policy. This year's seminar theme is "The Labor Market in Transition: Demographics, Productivity, and Macroeconomic Policy." He pointed out that the focus of this meeting will be Powell's statement on the monetary policy roadmap for the remainder of the year in the U.S. Despite a rebound in inflation pressures, Powell may need to explain why the policy focus has shifted towards employment targets, relegating inflation to a secondary position.