US EditionPowell signals Fed preparing to restart rate cuts, cites ‘downside risks’ to jobs in Jackson Hole speech
- Wall Street rallied on August 22, 2025, as Federal Reserve Chairman Jerome Powell indicated interest rate cuts may be imminent amid rising job market risks.
- This rally followed a surprisingly weak job growth report this month and Powell's cautious remarks about proceeding carefully with policy changes.
- Major market indexes climbed, with the S&P 500 rising 1.6%, the Nasdaq increasing 1.9% by late morning Eastern time, and the Russell 2000 index, which tracks smaller companies, jumping 3.8%.
- Traders placed a 91% probability on a Fed rate cut in September, up from 75% a day earlier, as Treasury yields fell notably on both 10-year and two-year notes.
- The market's reaction suggests growing investor optimism for easing monetary policy despite ongoing inflation risks and the Fed's challenging dual mandate.
149 Articles
149 Articles
Economists have eagerly watched the meeting of international central bankers at Jackson Hole in the United States. It was the last of these annual meetings, led by US Central Bank Chief Jerome Powell, whose term ends in 2026 and has been pushing US President Donald Trump to cut interest rates for months. Powell did not rule out a reduction, but made it clear that it was economic criteria. Europe's press is taking stock.
A Data Dependent Fed Is A Perpetually Too Late Fed
by J.D. Foster at CDN - One phrase heard repeatedly in recent years is that monetary policy will be “data dependent.” In his Jackson Hole remarks, Chair Powell seems to have avoided the phrase while repeatedly emphasizing its contents with references to “current conditions.” Data dependent means policy is almost certainly inappropriate to current and future conditions. It’s another way of … Click to read the rest HERE-> A Data Dependent Fed Is A…
With Fed under pressure, Jerome Powell prepares for a high-stakes speech – Knowhere News
In what will be his last speech as Fed chair, Federal Reserve Chairman Jerome Powell will address the high-profile, high-altitude meeting in Jackson Hole, Wyoming, on Friday. The White House is putting increasing pressure on the central bank to cut interest rates, which coincides with the address. Three and a half weeks prior to the Fed’s next rate-setting meeting, Powell will discuss the state of the economy. Additionally, he will discuss the c…
What are the risks to the labor market after Powell's speech amid inflation concerns?
Federal Reserve Chairman Jerome Powell received a standing ovation in Jackson Hole, Wyoming, on Friday. Powell said the central bank could soon resume cutting interest rates.
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