Reuters Asia shares slip anew, dollar keeps rising Federal Reserve Chair Jerome Powell headlines a host of policy makers at Jackson Hole later in the week and risks are he will not meet investor hopes for a dovish pivot on policy. “We expect a reminder that more tightening is needed and there is still a lot of progress to be done on inflation, but no explicit commitment to a specific rate hike action for September,” said Jan Nevruzi, an analyst at NatWest Markets. Futures are fully priced for another hike in September with the only question being whether it will be 50 or 75 basis points, while rates are seen up at 3.5%-3.75% by year end.
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