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 Gold: A Surge Toward $2,400 Looks Imminent READ MORE Gold Hovers Near Peak as Markets Anticipate Fed's Next Move READ MORE Gold Prices Hit Fresh Record Highs READ MORE "You're Going To See Something More Devastating Than 2000 or 2008" – Mike Maloney READ MORE Economic Worries Fuel Gold Rush in China Despite Rising Costs READ MORE Add a Comment Cancel replyYour email address will not be published.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