Powell's speech may focus on the labor market and the path of monetary policy

ChainCatcher news, according to Jin10, the Global Market Strategy Director of Amundi, Mabrouk Chetouane, stated in a report that Federal Reserve Chairman Powell's speech at the Jackson Hole seminar may focus on the labor market and its impact on monetary policy.

This year's seminar theme is "The Labor Market in Transition: Demographics, Productivity, and Macroeconomic Policy." He pointed out that Powell may need to explain why the policy focus has shifted to employment goals, placing inflation in a secondary position.