> Fed's Kashkari in an Odd Lots podcast: Happy to see how Fed Powell's speech was received.

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Fed's Kashkari in an Odd Lots podcast: Happy to see how Fed Powell's speech was received.

Likes the stock decline

Greg Michalowski

Monday, 29/08/2022 | 20:14 GMT

Fed's Kashkari in a Odd Lots podcast said that:

He was happy to see how Chair Powells Jackson Hole speech was received
The stock market losses showed investor got the message that the Fed is serious about tackling inflation.

In my weekend forex report I outlined the Fed Chair's speech. I have broken my thoughts out of the full report. This is why the market took his comments seriously.