Edward Jones - Financial Advisor: Ragan Gootee

Edward Jones - Financial Advisor: Ragan Gootee

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Weekly market wrap 08/28/2023

In a short and pointed speech last year, Federal Reserve Chair Jerome Powell dashed hopes for a swift end to the Fed's rate hikes. This year, the message was still hawkish but more balanced, highlighting data dependency and keeping options open.

In our latest Weekly Market Wrap, we share three key takeaways from the widely anticipated speech, along with our perspective on how the economic and market backdrop has evolved.

Weekly market wrap A summary of last week's market highlights and economic news.

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