European stock exchanges await Powell's speech at Jackson Hole

European stock markets are driven by optimism and bet on purchases (Ibex: + 0.6%; CAC: + 0.4%; DAX: + 0.4%; FTSE MIB: + 0.6%), awaiting the speech of the president of the Federal Reserve (Fed), Jerome Powell, at the Jackson Hole symposium. Investors look in the words of the central banker for any hint of future interest rate cuts, although some experts point out that it could disappoint if it is not as clear as some want. In fact, the discrepancies within the Fed are notable, and not everyone agrees to undertake further declines.