Powell will open the door to a September rate cut in Jackson Hole
2025-08-20 05:49:08
Federal Reserve Chairperson Jerome Powell is expected to open the door to a September rate cut at the upcoming Jackson Hole symposium, MainSky Asset Management said. Unlike last year's meeting, the cut is expected to be only 25 basis points. MainSky expects at least one more rate cut in the fourth quarter of this year. (Jin Ten)
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