Warning prevailed in Wall Street before Jerome Powell’s speech, as the shares decreased and the proceeds of the mortgage rose after a major report on factories raised the fear that inflationary pressure could weaken the expectations of reducing interest. The fastest growth in the manufacturing sector has paid treasury effects on land since 2022, bringing the mortgage returns for ten years by 4 basis points to 4.33%. PETH Hamak, head of the Federal Reserve Bank in Cleveland, said it would not support the facilitation in this scenario if officials had to make decisions tomorrow. The S&B 500 index fell for the fifth consecutive day, in the longest wave of losses since January. Most of the most important technology shares have dropped, while Wall Mart fell 4.5% to disappointing profits. Although the data showed an increase in requests for unemployment subsidies, which improved the indicators of the slowdown in the labor market, the Strong Recurement Manager indexed for industry demanded that traders reduce their bets to reduce interest. Money markets suggested a possibility of about 70% for a September reduction, compared to more than 90% a week ago. “The Federal Reserve has been placed in a difficult position, where the pressure to reduce interest increases by high inflation and the slowdown in the labor market, and these two indicators are running in the opposite direction to delegate the double federal.” A meeting of the Jackson Hall meeting that has collected central and economic banks from all over the world, at the Jackson Hall Economic Reserve Symposium, Wyoming, a prominent event in the Grand Titon Mountains is often used to announce important decisions. Powell is scheduled to speak in New York on Friday at 10am. Meanwhile, the Justice Ministry referred to possible plans to investigate Federal Reserve Lisa Cook, with a prominent heel official to dismiss her from the council. Bill Bolt, head of the Housing Finance Authority in the Donald Trump administration, conducted an investigation into a mortgage agreement that claimed to concluded it in 2021. Andrew Brenner of “Nat Alaneus Sikirites” said that “the numbers of powerful purchasing managers made it difficult to work on Powell based on poor work in his speech.” Jackson Hall’s annual federal speech is an opportunity to refer to policy shifts. But the problem is that the economic indicators are not all in this direction. As more economic data is chosen, Powell may prefer to be careful about formulating his message. “The key at the Jackson Hall Symposium will be whether Powell will make changes to its interaction mechanism with economic data. In our basic scenario, we expect Powell to meet the mechanism he offered in July, and we believe it will be a strict market surprise,” Calvin TSI of BNB Pariba said. A hard tone of federal officials in the federal officials spoke to a similar tone of Hamak on Wednesday and Thursday. Rafael Postic, head of the Federal Reserve in Atlanta, said he was still seeing only one reduction this year, while Federal Reserve Head of the Federal Reserve said that the risk of inflation still exceeded the risks of the labor market. These statements were in line with the recent monetary policy meeting in July, which shows that most officials accept the same opinion. Louis Navleh of Inle & Assiseits said that “the next Powell’s speech will make the market cautious on Friday. The federal assembly lecturer, published on Wednesday, has shown a greater concern about the risk of inflation caused by customs duties, while betting is still reducing the interest in the decline.” “We can see a decline in the market if Powell is holding up expectations about reducing interest in September, but we believe the reduction is coming at some point in the next twelve months,” Rick Gardner said RGA Investments. Gardner pointed out that the postal report for the month of August, which was planned in early September, will be more important for the decision to reduce interest, as it is the last report before the meeting in September. As for Jim Bird of “Plannet Moran Financial Advisers”, he said that the federal would have to walk with great care and explain that “the conditions of the labor market are not weak, but that they are in a decline.” He added: “With a stubborn inflation, it is expected to rise in the short term, the risk of inflation recession will be a challenge for decision makers,” to note that “quickly or with large power inflation expectations can push higher, while it can move very slowly, the weak labor market can exacerbate and increase the possibility of stagnation of the economy.” Investors have shown a survey conducted by ’22V Reservation’ that 43% of investors expect the response of the market to the Jackson Hall symposium “neutral”, 39% expect “negative risk”, and only 18% expect a “positive risk”. The poll also revealed that 75% of investors, compared to six months ago, believe that artificial intelligence reviews are higher, 23% see that they are at the same level, and only 2% consider it cheaper. Dennis Deboser of “22V” said: “The favorite topics of investors until the end of the year are the sensitivity of interest rates, the strength of artificial intelligence and the value of stocks. The biggest risks are high inflation, lower interest reductions and purchase saturation conditions.” The technological sector and “Invidia” at the front said Anthony Sagelbine of “Amrriz” said that the growth and momentum factors that have helped to increase the shares of US technology and the US market in general in recent months are now going through a “healthy correction” phase, which is normal. But he warned that “if these concerns continue with investors next week until the ‘Inviteia’ report can see a greater response in the market next week, according to the way the company’s results and expectations are interpreted. ‘A large number of Wall Street analysts increase their expectations for’ Invidia ‘share before announcing his profits on August 27. Service ‘Trosts said the evidence indicates that the recent decline in the technology sector is an essential breakdown in a long -term trend that is still constructive. However, the proceeds over a year are not at an extreme level. “He emphasized that the greatest danger to be monitored is the decline in profit momentum, but the trends are still strong. Purchasing opportunities at the withdrawal of the trade office at Goldman Sachs said that sharp losses in momentum could be an opportunity to buy. 10% or more decreased by 80% of cases in the following week, with an average return of 4.5% in the following week and more than 11% in the next month. We are now in the midst of a big rotation to return to the average, which is unhappy because the profit environment was incredible, “Flee said.
Wall Street indicators are declining amid data that weakens the predictions of interest reduction
