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[Analyst: Powell Discusses Inflation But Does Not Reveal Future Policy] August 28th, Inflation Insights Analyst Omair Sharif Stated: "Fed Chair Powell Gave The Market What It Wanted, Which Is A More Detailed Explanation Of His Views On Current Economic Data, Especially Inflation Data. Of Course, He Did Not Disclose Any Potential Future Policy Actions. In That Sense, It Seems To Be A Win-win For Both Powell And The Market."
U.S. Treasury Secretary Bessant: We Have Also Warned That Any Entity Assisting Iran Will Not Be Allowed Continued Access To The Dollar And The Global Financial System. The UAE Branch Of Egypt's Misr Bank Has Decided To "learn The Lesson" From This Warning. Today, We Are Taking The First Step In Holding Them Accountable In Response To Their Continued And Egregious Support Of The Iranian Regime
U.S. Treasury Secretary Bessenter: The Treasury Department Pledged To Cut Off Every Remaining Economic Lifeline Of Tehran, Ultimately Ending The Threat To The Iranian Regime
Senate Minority Leader Chuck Schumer: Six Months Have Passed Since Trump Launched The War Against Iran, A War That Has Put American Soldiers At Risk, Caused Oil Prices To Soar, And Created Global Instability
U.S. Job Growth Is Weaker Than Previously Reported, With The Retail And Wholesale Trade Sectors Most Significantly Affected
The Russian Foreign Ministry Stated That It Has Not Received Any Proposals From Ukraine Or Other Parties To Resume Negotiations
The U.S. Treasury Department Announced Plans To Suspend The Financial Access Of An Egyptian Bank Branch In The United Arab Emirates To The U.S. Financial System
The Euro Fell Below 1.16 Against The US Dollar (EUR/USD), Down 0.44% On The Day. The US Dollar Rose More Than 0.50% Against The Swiss Franc (USD/CHF), Currently Trading At 0.8082. The New Zealand Dollar Fell 0.50% Against The US Dollar (NZD/USD), Currently Trading At 0.5919
During Federal Reserve Chairman Warsh's Speech, Non-US Dollar Currencies Generally Fell. The US Dollar Rose About 50 Points Against The Japanese Yen (USD/JPY), Currently Trading At 159.87; The Euro Fell 50 Points Against The US Dollar (EUR/USD), Trading At 1.1607; And The British Pound Fell 50 Points Against The US Dollar (GBP/USD), Trading At 1.3545
Germany And Turkey To Lead Seven-Nation Foreign Ministers' Meeting, Aiming To Urge The United States To Continue Negotiations

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Federal Reserve Chairman Warsh delivers his first speech at the Jackson Hole Global Central Bank Symposium.
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ECB Executive Board member Schnabel participated in a panel discussion at the Jackson Hole Economic Policy Symposium.
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