Jackson Hole, it’s up to Powell: the Fed governor called to reassure the markets (and confirm his position)

MILANO – Jackson Hole, the moment of truth has come. In the Italian afternoon the number one of the Federal Reserve, Jerome Powell, will speak from the traditional end-of-summer central bank meeting. The expectation from the markets is high, even if in the last few hours the reports of the investment banks and investment houses have somewhat dampened the prospects of hearing direct words from the lips of the American governor.