A reminder: we will be running "Instant Answers" for the release of Fed Chair Powell's Jackson Hole speech Friday at 1000ET/1500BST. We'll publish the answers to these questions on our website Bullets and Bloomberg Bullets Feeds (e.g. MNBP2) shortly after the speech text is released. The questions that we have selected are:
- If Powell specifically gives an estimate of the end-year 2022 rate, what is the rate?
- Does Powell say rates may need to be more restrictive than the June SEP projections?
- Does Powell reiterate the FOMC needs to see "clear and convincing evidence"/"compelling evidence" that inflation is easing?
- Does Powell note there are signs of some price pressures easing?
- Does Powell say the Fed expects to slow the pace of hikes "at some point"?
- Does Powell say it's essential/necessary to move to a "restrictive" stance of policy?