Jackson Hole predictions: Higher interest rates for longer as the Fed maintains hawkish rhetoric

The forecasts come ahead of the annual central banking symposium at Jackson Hole, a conference that has historically been the defining monetary policy event of the year and where the industry will be hoping to see an early indication that the global rate-hike cycle is nearing its peak. All eyes will be on Federal Reserve chair Jerome Powell at the conference, who is expected to continue his narrative on fighting inflation while dissuading markets from the notion that the Fed has made a dovish plot, said David Norris, portfolio manager at TwentyFour AM.  Jack Janasiewicz, portfolio man...