Powell's Jackson Hole Speech: Rate Cut on the Horizon?

Did Powell just signal a September rate cut? His Jackson Hole speech ignited market optimism, sending stocks soaring and the dollar tumbling, despite lingering concerns about inflation and a slowing job market. Was it a promise or just a hint? And can the Fed maintain its independence amidst political pressures? Hosted on Acast. See acast.com/privacy for more information.