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Why August Can Be A Volatile Month

Why August Can Be A Volatile Month

August 10, 2023

Don’t be surprised to see a few more volatile days this month as we get updates on inflation and the jobs market–two key economic numbers tracked by the Fed. Also, don’t be surprised to see some market volatility when Fed Chair Jerome Powell speaks at the Fed’s Jackson Hole Symposium on August 24-26. At last year’s meeting, Powell’s speech was seen as “hawkish” on interest rates. Enjoy the last few weeks of summer. It won’t be long before schools are in session and people will return to school-year routines.