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 Commercial Real Estate Concerns Lead to Higher Borrowing Costs for Banks READ MORE True Inflation May Have Peaked in Late 2022 READ MORE New Billboard in Times Square Sounds Alarm on $34 Trillion National Debt Crisis READ MORE Multiple Factors Align for Gold's Continued Rally: Technical Analysis Points Higher READ MORE BREAKING: Silver Trades Above $30/oz First Time In Over a Decade READ MORE Add a Comment Cancel replyYour email address will not be published.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