#PowellWatch
Here’s the latest on #PowellWatch ahead of his big Jackson Hole speech:
- It’s Powell’s final Jackson Hole address as Fed Chair, under huge pressure from both Wall Street and the White House.
- Markets are watching if he signals interest rate cuts at the September Fed meeting amid weakening jobs data and inflation risks.
- He might hint at easing cautiously or hold back to assess tariffs’ inflation impact; this speech could shape his Fed legacy.
- Traders currently price about 85% chance for a rate cut next month, but Powell’s tone could bring big market moves.