Powell suggests growing labour market concerns
This week, Derek Halpenny Head of Research Global Markets EMEA & International Securities discusses with Seiko Kataoka-Fisher Head of JC FX Sales the initial market reaction to the Jackson Hole speech by Fed Chair Powell. The speech highlighted a new Fed focus on downside labour market risks. After this week’s Democratic National Convention in Chicago Derek provides an update on US politics and how the FX market could be impacted.