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Mohamed El-Erian: Powell’s Tricky Balance at Jackson Hole


The Fed chairman’s speech on Friday is an opportunity to reset expectations in large or small ways. It is often easier – though not necessarily easy – to talk about what policymakers should say rather than what they will say. This week may be an exception. I suspect that Federal Reserve Chairman Jerome Powell, opening the annual Jackson

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Posted: August 21, 2019 Wednesday 05:00 AM