Why Fed Chair Powell may not be ‘overly hawkish’ at Jackson Hole, according to this JPMorgan portfolio manager
August 23, 2022 at 15:19 PM EDT
U.S. stocks have slumped in recent days amid fears that Federal Reserve Chair Jerome Powell may become more hawkish at his upcoming speech at the Jackson Hole symposium in Wyoming on Friday, according to JPMorgan Chase & Co.’s Phil Camporeale.