Powell Speaks Summary:
Powell ne apni speech (22 August, Jackson Hole) mein September 16–17 ke Fed meeting mein rate cut ka raasta khola hai.
Unhone kaha ke employment risk barh raha hai, jab ke tariff-driven inflation zyada dair tak rahegi nahi— sirf “one-off” adjustment ki ummeed hai.
Markets ne reacted kia — stocks rally, rate-cut chances ≈ 85–90%, yields gir gaye.
Fed cautious rahegi, aur poora faisla September mein ane wale jobs aur inflation data ke basis par kiya jayega.