PVG Market In A Minute - August 29, 2023

August 29, 2023

Powell’s speech from Jackson Hole was almost exactly what we expected, the market may have believed it was hawkish. There is now a 20% chance of an interest rate increase in September, a 49% chance in November and by December 2024 a 54% chance that rates will be at least 1% lower. We think these expectations are reasonable.

Market in a Minute 2023-8-29<< Back to blog list

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