Powell's Jackson Hole speech faces complex political and economic pressures, making it crucial for future interest rate expectations.
Federal Reserve Governor Lisa Cook is facing mortgage fraud allegations and political pressure, raising questions about the central bank's independence and the influence of politics on its decisions.
Investors are bracing for Fed Chair Jerome Powell's speech at Jackson Hole, where he may offer hints on whether the central bank will cut interest rates in September. The risk is that Powell may disappoint.
Analysts anticipate significant volatility in small-cap stocks following Powell's Jackson Hole speech, with their fate heavily reliant on the monetary policy signals he conveys.
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Expectations for a stronger dollar are building ahead of Powell's Jackson Hole speech, reflecting anticipation that he will be less dovish on interest rate cuts. The market is closely watching to see if he resists pressure for rate cuts.
In a move aimed at restoring confidence in the severely devalued Syrian pound, Syria plans to issue a new currency by removing zeros. This step comes amidst a severe economic crisis and a significant decline in the value of the national currency.
India and Russia are defying US pressure by expanding trade cooperation, driven by energy interests and strategic alliances.
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