Energy markets will also be in focus this week amid continued diplomacy to end Russia’s war on Ukraine as harsher U.S. sanctions on Moscow could target its oil exports, though President Donald Trump refrained from announcing any fresh penalties after ceasefire talks Friday failed to produce a deal. That’s as corporate earnings have continued to come in strong and as the latest inflation readings were mixed but still haven’t set off panic about the effect of tariffs. Last year, Powell signaled a pivot to cuts, saying “the time has come for policy to adjust” and that “my confidence has grown that inflation is on a sustainable path back to 2%.” But he may not drop big hints this year, potentially setting up Wall Street for major disappointment.
Author: Jason Ma
Published at: 2025-08-17 22:41:09
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