DiscoverCIO Weekly Investment OutlookPrice pressures, economic growth, and Jackson Hole
Price pressures, economic growth, and Jackson Hole

Price pressures, economic growth, and Jackson Hole

Update: 2024-08-19
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This week's Jackson Hole conference will be in focus for investors because "we can discuss what central bankers have in store," says Dr. Dirk Steffen, the Private Bank's EMEA CIO. He also says that while markets have shown some signs of calming after a bout of sharp moves, he expects volatility could remain a factor for some time.

"There are of course important things happening in the eurozone as well," he adds, pointing to some hesitancy at the European Central Bank to aggressively cut interest rates amid "abundant" price risks. Data on inflation and negotiated wages there could have an impact on expectations for policy decisions to come.

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Price pressures, economic growth, and Jackson Hole

Price pressures, economic growth, and Jackson Hole

Deutsche Bank