Deutsche Bank Forecasts Powell's Speech May Have Limited Impact on US Treasury Yields
Publication Time:2024-08-20 23:41:06
In its latest report, Deutsche Bank analyzed the potential impact of Federal Reserve Chairman Jerome Powell's upcoming speech at Jackson Hole on US Treasury yields. Despite historical data showing that this event often leads to market volatility, the bank's economists believe that such an effect is likely to be confined to around 5 basis points, indicating that overall market reactions may be relatively subdued. The report stresses that investors will closely watch for any hints regarding the future path of monetary policy from Powell, particularly regarding clues about the timing, pace, and magnitude of rate cuts. Any signals that deviate from expectations could potentially lead to significant market movements.
Deutsche Bank
Jackson Hole
Powell's Speech
US Treasury yields