Jerome Powell chairs the Board of Governors of the U.S. Federal Reserve. His speech at the Fed’s Jackson Hole Symposium disappointed and even shocked many people. It’s been widely cited as the cause of plunges of between 3% and 4% in American markets on that day, as well as falls of almost 2% in Australia on 29 August. Further falls occurred in the U.S. on the 29th and again on … [Read more...] about Why Jerome Powell’s speech shouldn’t have surprised you
Chris Leithner