#PowellWatch
Powell’s Jackson Hole speech hinted a September rate cut might be coming but with caution ⚖️
- He said risks are shifting—labor market is weakening while inflation (esp. from tariffs) remains uncertain.
- Powell noted the Fed may need to adjust policy soon but stressed proceeding carefully due to mixed signals.
- Markets rallied on his dovish tone, yet some are wary of stagflation risks and over-optimism. 😊
