New Delhi, Aug. 23 -- At the annual Jackson Hole Symposium, the US Fed chair Jerome Powell dropped feeble hints that "policy adjustments" may occur in the coming months, but warned that risks of higher inflation remain. This was cheered by the US stock market as Wall Street witnessed participatory buying on Friday after Jerome Powell's speech. The US dollar came under selling pressure on hopes of a US Fed rate cut. So, stock investors in India must be eager to know how Dalal Street would react to the Jackson Hole Symposium outcome after Jerome Powell's speech.

According to stock market experts, Jerome Powell's speech at the Jackson Hole Symposium has triggered the US Fed's hopes of cutting rates in the September meeting. They are predict...