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Jerome Powell signals caution on Fed rate cuts at Jackson Hole
Powell’s remarks at Jackson Hole spark market reactions as the Fed weighs interest rate cuts amid economic policy changes.
Powell’s remarks at Jackson Hole spark market reactions as the Fed weighs interest rate cuts amid economic policy changes.
The Federal Reserve is once again in the spotlight as markets react to Chairman Jerome Powell’s latest remarks at the Jackson Hole gathering. Powell acknowledged that sweeping changes in tax, trade, and immigration policy are reshaping the U.S. economy. He also signaled that the Fed is carefully weighing how aggressive to be in cutting interest rates, balancing inflation risks with its mandate for maximum employment.
Investors are bracing for what these signals could mean for business investment, consumer confidence, and the broader economy. In this interview, Ahron Young speaks with Michael Busler, economist, policy analyst, and Professor of Finance at Stockton University.
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