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Volatility May Spike if Fed Dampens Dovish Hopes
Even if Powell signals rate cuts, markets may recoil if he adopts a cautious or ambiguous tone.
Goldman Sachs warns that a less dovish stance could trigger a 5% sell-off in equities such as the S&P 500.
Historical patterns show Jackson Hole speeches often lift markets - but when they don’t, the fallout can be steep.
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