Analyst: Powell may avoid signaling easing this Friday, as the rise in inflation gives him reasons to remain cautious.

On August 18, the market generally expects the Fed to cut interest rates by 25 basis points in September. However, analysts from HSBC and Bank of America pointed out that despite weak employment data and political pressure, Powell may avoid signaling easing in his speech at Jackson Hole this Friday. Concerns about stagflation risks and rising inflation may serve as reasons for him to remain cautious. (Bloomberg) Note from BlockBeats: This Friday at 10 PM, Fed Chairman Powell will speak at the Jackson Hole Global Central Bank Annual Conference.

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