Why Powell’s Jackson Hole Speech Suggests a US Interest Rate Cut is On the Way | Metals Mine

  • Why Powell’s Jackson Hole Speech Suggests a US Interest Rate Cut is On the Way

    From global.morningstar.com

    US Federal Reserve Chair Jerome Powell’s eagerly awaited speech at the central bank’s annual conference in Jackson Hole, Wyoming, on Friday has analysts saying an interest rate cut looks very likely in September. While he noted that tariffs are putting upward pressure on inflation, the balance of risks appears to have shifted toward a weakening economy. “With policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance,” Powell said. “Inflation had moved much closer to our objective, and the labor market had cooled from its formerly ... (full story)

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DumpIt
Aug 25, 2025 3:16pm
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let's wait for inflation data...
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Trader#6E5B
Aug 25, 2025 6:37pm
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Jerome Powell seems to revere Paul Volcker, yet finds himself surrounded by economists who believe they can predict inflation's path. Here's the reality we traders understand: forecasting is an illusion! No one—not even brilliant PhDs—can truly see into the unknowable future. Wrestling with radical uncertainty is simply part of a monetary economist's job description. Imagine a Fed board composed of Forex traders and market professionals instead—people who've learned the hard way about prediction limitations. What made Volcker truly exceptional wasn't just his economic prowess, but his refreshing modesty and that golden rule of inflation management: better safe than sorry.
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teq
Sep 22, 2025 11:50pm
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bullish
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Trader#4A2F
Aug 25, 2025 2:04pm
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Ok, so why is dollar up so much today? Basically gave back Friday’s whole move,
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Trader#A683
Aug 25, 2025 2:58pm
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consolidating before tariff news
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