Wall Street Breakfast

Fed's Powell signals the start of rate cuts

Aug 23, 2024 · 2 min · 2.8 MB
0:00-2:57

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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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