Bitget CFD Chief Analyst: Market Focus Shifts to Inflation and Treasury Yields Ahead of Jackson Hole
Bitget CFD Chief Analyst Lewis Huang stated that the upcoming U.S. PCE data and the Jackson Hole Economic Symposium are the primary market drivers. Investors are closely monitoring how the Federal Reserve addresses persistent inflation above the 2% target, elevated long-term Treasury yields, and fiscal pressures. Huang noted that if core PCE exceeds expectations and the Fed maintains a hawkish stance, interest-rate-sensitive assets like gold and the Nasdaq 100 could face downward pressure. Conversely, cooling inflation data could signal future easing, benef