Fed Chair Powell opens door to September rate cut in Jackson Hole speech

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Federal Reserve Chair Jerome Powell signaled the possibility of a September rate cut in a Jackson Hole speech, while cautioning that inflation risks remain elevated due to tariffs. He stressed the Fed would not allow temporary price spikes to fuel persistent inflation. Powell also highlighted rising downside risks to employment as job growth slows sharply. Markets reacted positively, with stocks rallying and bond yields falling as traders priced in a high likelihood of a September cut. The Fed last held rates steady at 4.25%–4.50%, though officials remain split on whether conditions justify easing, Yahoo Finance has reported. Powell also unveiled a policy shift reaffirming a strict 2% inflation target, abandoning the prior framework of averaging inflation around that level. read more: 👍 Like this video to stay informed on the latest Federal Reserve moves and economic updates. 💬 What do you think—will a September rate cut help the economy or fuel inflation? Comment below! 🔗 Share this video to keep others up to date on monetary policy and market reactions. 💰 Want to support the channel? You can donate directly by hitting the YouTube Thanks button—your support helps us provide timely financial news. 👉 Don’t forget to subscribe for more updates on the Fed, markets, and economic trends. Thanks for watching! Links for B.C. Visit My Website Follow Me On Facebook Subscribe To My Patreon Watch Me On YouTube Follow Me On Twitter Watch Me On Rumble Follow Me On Gab Follow Me On Truth Social Follow Me On BlueSky Watch Me On TikTok #FederalReserve #JeromePowell #InterestRates