Fed Chair's Dovish Turn Sparks Debate on September Rate Cut Size Federal Reserve Chair Jerome Powell has signaled that interest rate cuts are imminent, likely starting in September. While he didn’t specify the size or path of these cuts, his remarks at the Jackson Hole symposium emphasized progress on inflation and a focus on labor market health. This announcement has led to lower Treasury yields and a weaker dollar, while boosting stocks. Traders are now debating the magnitude of the first cut and the subsequent easing path, with some betting on a half-point reduction in September. However, recent geopolitical tensions in the Middle East may complicate market reactions when trading resumes. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Interactive Analysis: Has Your Pay Kept Up With Inflation? READ MORE Gold Price hits new All Time Highs amid huge increase in Volatility READ MORE Baby Boomers' $76 Trillion Savings Shield US from Recession READ MORE August Sees Surge in Consumer Optimism, Despite Labor Market Worries READ MORE African Nations Turn to Precious Metal to Combat Inflation READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment