{"id":141995,"date":"2023-09-01T20:30:56","date_gmt":"2023-09-01T15:00:56","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=141995"},"modified":"2023-09-01T20:30:56","modified_gmt":"2023-09-01T15:00:56","slug":"jerome-powells-jackson-hole-speech-what-to-expect-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/jerome-powells-jackson-hole-speech-what-to-expect-crypto-news\/","title":{"rendered":"Jerome Powell&#8217;s Jackson Hole Speech; What To Expect? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400\">Amid the backdrop of Jackson Hole, Wyoming, financial markets are poised for the Federal Reserve\u2019s annual symposium. The central focus remains on inflation\u2019s trajectory and its intricate relationship with interest rates. Powell\u2019s approach has allegedly shifted from a stern resolve to a more nuanced stance. Last year\u2019s unequivocal commitment to hitting the 2% inflation target has evolved. <\/span><span style=\"font-weight: 400\">Powell<\/span><span style=\"font-weight: 400\"> now enters the stage believing that taming inflation need not come at the cost of substantial job losses.<\/span><\/p>\n<h2><b>Strategic Restraint and Inflation Realities<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Julian Brigden, an authority from Macro Intelligence 2, offers insight into the Fed\u2019s probable strategy. Powell\u2019s speech may not introduce novel elements but instead reinforce the central bank\u2019s cautious approach.\u00a0<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Fed Expected To Drill In &#8216;Higher For Longer&#8217; In Jackson Hole<\/p>\n<p> Fed Chair Powell&#8217;s Jackson Hole speech is unlikely to bring new elements to the US monetary policy outlook, says Julian Brigden, from Macro Intelligence 2. &#8220;They will keep holding out their powder because they don&#8217;t\u2026<\/p>\n<p>\u2014 *Walter Bloomberg (@DeItaone) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/DeItaone\/status\/1694743829801247139?ref_src=twsrc%5Etfw\">August 24, 2023<\/a><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400\">Brigden suggests the Fed will avoid rate cuts to maintain current financial conditions. The subtle art lies in preserving a suspenseful air around potential rate hikes, aligning the Fed\u2019s intentions with the market\u2019s concept of \u201clonger.\u201d<\/span><\/p>\n<h2><b>Inflation, Employment, and Interest Rates<\/b><\/h2>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><span style=\"font-weight: 400\">As the symposium unfolds, the spotlight falls on Powell\u2019s speech, scrutinizing his approach to inflation dynamics. The critical question is whether the decline in inflation warrants a more measured or assertive interest rate approach.\u00a0<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400\">Powell\u2019s transformed outlook acknowledges the potential for taming inflation without inflicting severe job losses. This shift in stance reflects a more intricate understanding of the intricate dance between inflation, employment, and <\/span><span style=\"font-weight: 400\">interest rates<\/span><span style=\"font-weight: 400\">.<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">Powell\u2019s words take center stage with the symposium, shaping expectations for the Federal Reserve\u2019s future steps. The theater of fiscal policy continues its captivating performance. As financial stakeholders await Powell\u2019s nuanced insights, the broader market anticipates a strategy that skillfully navigates the complexities of inflation while preserving economic vitality.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>          &lt;!&#8211; <\/p>\n<div class=\"m-on pl-2 pr-2\">\n<div class=\"row\">\n<div class=\"col-6 pr-2\">\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n<p>            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&amp;utm_medium=organicarticle\"><\/p>\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" decoding=\"async\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\"><\/div>\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; Here\u2019s Best Picks [Updated]\n <\/div>\n<p>            <\/a><\/p><\/div>\n<\/p><\/div>\n<div class=\"col-6 pl-2\">\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n<p>            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-10-web-3-games-to-explore-in-2023-here-list\/?utm_source=priceanalysisbar&amp;utm_medium=organicarticle\"><\/p>\n<div class=\"SponserdyWebimg_2\"><img width=\"834\" height=\"833\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\"><\/div>\n<div class=\"Sponserdtent_2 mt-2\">Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n<p>            <\/a><\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>                    &#8211;&gt;<\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA157590\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n&lt;!&#8211;<\/p>\n<div class=\"getAuthoname\"><\/div>\n<p>&#8211;&gt;<\/p>\n<div class=\"authodes\">\n<p>Sunil is a serial entrepreneur and has been working in blockchain and cryptocurrency space for 2 years now. Previously he co-founded Govt. of India supported startup InThinks and is currently Chief Editor at Coingape and CEO at SquadX, a fintech startup. He has published more than 100 articles on cryptocurrency and blockchain and has assisted a number of ICO&#8217;s in their success. He has co-designed blockchain development industrial training and has hosted many interviews in past. Follow him on Twitter at <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/sharmasunil8114\">@sharmasunil8114<\/a>  and reach out to him at sunil (at) coingape.com                         <\/p><\/div>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"image\/svg+xml,%3Csvg%20xmlns=\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/bb2db02531ca08606aa5fdd533609d02?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/bb2db02531ca08606aa5fdd533609d02?s=200&amp;d=mm&amp;r=g\" \/><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/bb2db02531ca08606aa5fdd533609d02?s=200&amp;d=mm&amp;r=g\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" \/>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD157590\">\n<p>  The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p>&lt;!&#8211; <\/p>\n<div class=\"container p-1 mb-3  mt-4 \">\n<div class=\"Maintitle clgrn border-0\">\n               <span>Crypto Stories<\/span><\/p>\n<p>                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/\" class=\"viewAll p-0\">View all<\/a>\n                <\/div>\n<div class=\"row mobileXS \">\n<div class=\"item col-md-4\">\n<div class=\"Newseducation\">\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/twitter-is-now-worth-just-33-of-elon-musks-purchase-price\/?utm_source=post&amp;utm_medium=web-story\"><\/p>\n<div class=\"edIm StoryWebimg\"><img width=\"640\" height=\"853\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/31173623\/twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720.jpg\" \/><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"853\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/31173623\/twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720\" \/><\/div>\n<div class=\"Educontent\">Twitter is now worth just 33% of Elon Musk\u2019s purchase price <\/div>\n<p>            <\/a>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"item col-md-4\">\n<div class=\"Newseducation\">\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/will-cramer-curse-strike-again\/?utm_source=post&amp;utm_medium=web-story\"><\/p>\n<div class=\"edIm StoryWebimg\"><img width=\"640\" height=\"853\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"will_cramer_curse_strike_again_720\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/31165520\/will_cramer_curse_strike_again_720.jpg\" \/><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"853\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/31165520\/will_cramer_curse_strike_again_720.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"will_cramer_curse_strike_again_720\" \/><\/div>\n<div class=\"Educontent\">Will Cramer Curse Strike Again? <\/div>\n<p>            <\/a>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"item col-md-4\">\n<div class=\"Newseducation\">\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/mercedes-benz-to-release-nft-collection-with-fingerprints-dao\/?utm_source=post&amp;utm_medium=web-story\"><\/p>\n<div class=\"edIm StoryWebimg\"><img width=\"640\" height=\"853\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"mercedes_benz_to_release_nft_collection_with_fingerprints_dao_720\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/31115141\/mercedes_benz_to_release_nft_collection_with_fingerprints_dao_720.jpg\" \/><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"853\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/31115141\/mercedes_benz_to_release_nft_collection_with_fingerprints_dao_720.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"mercedes_benz_to_release_nft_collection_with_fingerprints_dao_720\" \/><\/div>\n<div class=\"Educontent\">Mercedes Benz To Release NFT Collection With Fingerprints DAO <\/div>\n<p>            <\/a>\n            <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>        &#8211;&gt;<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Amid the backdrop of Jackson Hole, Wyoming, financial markets are poised for the Federal Reserve\u2019s annual symposium. The central focus remains on inflation\u2019s trajectory and its intricate relationship with interest rates. Powell\u2019s approach has allegedly shifted from a stern resolve to a more nuanced stance. Last year\u2019s unequivocal commitment to hitting the 2% inflation target [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":111273,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[192,29,198,194,195,199,196,193,197,200],"class_list":["post-141995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-blockchain-business","tag-business","tag-coins","tag-crypto-business","tag-cryptocurrency-business","tag-fiat","tag-metaverse-business","tag-nft-business","tag-token","tag-token-business"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/141995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=141995"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/141995\/revisions"}],"predecessor-version":[{"id":146778,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/141995\/revisions\/146778"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/111273"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=141995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=141995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=141995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}