MUFG US Strategy Jackson Hole Preview - A pitstop on the path to no hikes (Podcast Edition)
Joining us in this special podcast, George Goncalves, MUFG Head of US Macro Strategy and Agron Nicaj, MUFG’s US Desk Economist, preview what to expect from the Fed’s Jackson Hole Symposium. The Macro Strategy team sees three potential options that Warsh can take when delivering his opening remarks, all with different market implications. The team also covers their latest macro thinking and how it's driving their Fed and rates views ahead of the Symposium, which could be one of the last opportunities for the markets to get a clear signal ahead of the September FOMC. Given recent trends, the team still sees no compelling case for a hike in the near future.