Market Reacts Positively to Powell's comments at Jackson Hole!

Market Reacts Positively to Powell's comments at Jackson Hole! Fed Chair Jerome Powell on Friday gave an indication of possible interest rate cuts ahead in September as he noted a high level of uncertainty that is making the job difficult for monetary policymakers. “With policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance,” he said during his annual address at Jackson Hole, Wyoming.
While not addressing White House demands for rate cuts specifically, Powell also noted the importance of Fed independence. #TonyDenaro

Due Diligence Links:
1) Chairman Powell's full 2025 Jackson Hole speech: https://www.youtube.com/live/EwKF3jbOBmI?si=li-GpXTuVTD0VuVA

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