Fed's Powell hints at possible September rate cut in his biggest speech of the year

Fed's Powell hints at possible September rate cut in his biggest speech of the year

Upworthy

Published

Jerome Powell gave the keynote address in Jackson Hole. Chip Somodevilla/Getty Images Jerome Powell's Jackson Hole speech hinted at a possible change in Fed monetary policy. Powell's remarks highlight the Fed's challenge balancing inflation and labor market stability. Trump is pressuring Powell…

Full Article