Fed's Powell signals the start of rate cuts

Wall Street Breakfast

Jerome Powell says 'the time has come for policy to adjust' and he does not seek further labor market cooling. (0:17) Markets are pricing in 100 basis points of rate cuts this year. (1:23)

Show Notes
A brief history of Jerome Powell's past Jackson Hole speeches

Episode transcripts: seekingalpha.com/wsb
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2024-08-23 2 min

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