#PowellWatch

All eyes are on Jerome Powell’s upcoming speech at the Jackson Hole Economic Symposium this Friday, August 22nd. As markets buzz with speculation, investors hope for clues about future Fed interest rate decisions, especially with the current rate at 4.25%–4.50% and talk of a possible rate cut in September. With mixed economic signals cooling labor markets but persistent inflation Powell’s tone will be critical in shaping market sentiment for the rest of the year. Traders are watching closely, as even a few words could move markets.