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This is the Bloomberg Surveillance Podcast.

I'm Jonathan Ferro, along with Lisa Abramwitz and Anne-Marie Hordern.

Join us each day for insight from the best in markets, economics and geopolitics.

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Bloomberg Terminal and the Bloomberg Business app. We begin with our top story. Stocks on

pause with all eyes on Jackson Hole. Traders looking for rate cut clues from Fed Chair J. Powell

when he speaks tomorrow. Mohamed Al Aaron of Queens College, Cambridge, saying the stakes are high, writing in a Bloomberg opinion piece, quote, it is critical for Powell to take advantage of the golden opportunity he has this Friday to regain control of the economic and policy narrative. Mohammed joins us now for more. Mohamed, good morning. It's good to see you. Good morning, John. Thanks for having me. You're with us for the next 90 minutes, so we've got plenty of time to work through these issues. I went through the piece on Blinberg Opinion. Pretty extensive and a long list of ours for Chairman Powell tomorrow. I'm going to go through another quote that you wrote. It is particularly critical that people come away from Wyoming with a clearer picture of the new equilibrium policy rate that neither restrains nor fuels economic activity,

the path to that rate and what a sustainable 2% inflation target means in practice. Now,

that's what you want. Are you expecting to get it this week?

I hope I'll get one of those three, if not two.

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