Federal Reserve Chairman Jerome Powell may leave the door open to another interest rate hike during his keynote speech in Jackson Hole, Wyoming, on Friday.
Potomac Wealth Advisors President Mark Avallone discusses whether the stock market rally will last after CPI data showed inflation slowed again in June on 'Varney & Co.'when he delivers the keynote speech at the central bank's summer symposium in Jackson Hole, Wyoming, on Friday.
Instead, inflation has shown mostly steady signs of declining, falling from a peak of 9.1% to 3.2% over the past year – even as the labor market has remained surprisingly resilient.
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