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The odds of a rate cut in September rose after Federal Reserve Chair Jerome Powell's speech at Jackson Hole. The chance of a September rate cut was at ~71% before the speech and rose to ~93% after it.
Federal Reserve Chairman Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting, Wednesday, July 30, 2025, in Washington. Manuel Balce Ceneta / AP Federal ...
I’m Chris Anstey, an economics editor in Boston. Today we preview Jerome Powell’s last Jackson Hole speech as Federal Reserve chair. Send us feedback and tips to [email protected]. And if you ...
Economists say Powell’s speech in Jackson Hole indicated a greater willingness to cut interest rates despite tariff inflation pressures. Powell cited the risks of a weakening jobs market and slowing ...