This week’s Jackson Hole symposium puts global central banks—and their competing inflation vs. growth headaches—under the microscope. Watch for signals from Fed Chair Powell and Bank of England Governor Bailey on whether rate cuts are actually imminent or will stay in the “wait-and-see” column. For markets, the tech “correction” and softening housing may be a prelude—or a pivot point.
Finally, keep your eye on fresh inflation readings and consumer confidence: policymakers everywhere are searching for the first clear sign that something is truly breaking—or healing—in the global economy.
